LKP Finance is a financial company listed on both BSE and NSE caters to different clients needing finance under lease finance and hire purchase. The dividend yield is Rs. 9.48 on the basis of current market price as on 01.07.2011 and the last dividend declared is 100%. The company is having reserves & surplus as on 31.03.2011 Rs. 140.14 crores against the sharecapital of Rs.13.08 crores. The earlier dividends declared bythe company were 100% and 375% in 2009 and 2008 respectively.Hence it appears that 100% dividend may be continued with the result the dividend yield to be attractive at acquiring the shares at every fall in the share price.
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