Panoramic universal is a medium software deveopment company based in Mumbai and listed on both BSE and NSE caters to different clients. The dividend yield is Rs. 17.57 on the basis of current market price as on 01.07.2011 and the last dividend declatred is 50%. The company is having reserves & surplus as on 31.03.2010 Rs. 85.55 crores against the sharecapital of Rs.56.48 crores. The earlier dividendsdeclared bythe company were 50% and 25% in 2009 and 2008 respectively.Hence it appears that 50% 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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