18/12/2009 Chevron lanka lubricants (LLUB)has annouced a massive 4th interim divident of Rs 6.50 per share on top of the annoucement of the subdivision of its shares each one share in to two. This company has already offered a great return to the investers from the subdivision of its shares in last week, where today its shares commenced trading in the market for the first time after the subdivision.
This divident payment of Rs 6.50 per share gives the investors a divident yield of almost 4.5% which equals savings deposit rate offered by most of sri lankan commercial banks. This is the best time to invest in high divident paying companies since the interest rates offered by banks remain low.
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