Magazine - Smart Invesstor - June 2008

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She also feels that such trusts are defensive plays and will safeguard against market volatility. "Companies are restricted to paying dividends out of their accounting profits,"."Business trusts like shipping trusts can and do pay distributions to investors out of operating cash flows. As a result, trusts typically have high payout ratios." She also adds that due to long lease terms, they have a higher cash flow visibility.

List of companies with top 10 dividend yields as of may 15, 2008
1. Kyodo-Allied Industries - 26.74%
2. Ntegrator International - 22.22%
3. VibroPower - 20.00%
4. Telechoice International - 17.05%
5. Innotek - 16.67%
6. Nobel Design - 16.25%
7. Courts ( singapore) - 15.91%
8. Kinergy - 15.38%
9. International Press Softcom - 15.00%
10. Serial System- 14.71%

List of Companies with Top 10 dividend yields for 2007
1. C&O Pharmacutical Technology - 24.03%
2. Integrator International -22.22%
3. Radiance Electronics - 20.77%
4. Transmarco - 17.86%
5. Eastern Holdings - 16.67%
6. Courage Marine Group - 15.63%
7. Telechoice International - 15.6%
8. VibroPower - 15.00%
9. Advance Models Group - 14.73%
10. Sim Siang Choon - 14.22%

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