High Dividend Yielding Stocks

The following stocks are worth to invest for the low risk investors and giving better returns when compared to fixed deposits and the higher dividend payout is tax free in the hands of the recepient.
The following details areas on today i.e 01.07.2011

Company      current market price      last dividend decl       yield %
                                      Rs.
zenith birla                       6.54                      20%               30.58
patni comp.                   323.85                   3150%              19.45
Engineers india              279.25                   1060%              18.98
panoramic uni                  14.02                      50%               17.83

nelcast                             99.00                    150%              15.15
indiabull sec                     13.58                     100%              15.04
Merck                             630.10                     950%              14.73

zicom security                   39.15                     50%                12.77
indoasian fuse                    78.75                     100%              12.70

Dalmia sugar                      16.95                       50%              11.80
Jupiter bioscience               19.80                       20%              10.10

Lkp finance                         103.75                   100%                9.64

However all the above shares does not guarantee the above mentioned dividend yields as above ,since some companies have declared one time high dividend reflecting higher yield. Aftergoing through past dividends and balance sheet health, it is suggested to look to the following discussed shares.