Key Points
Pashupati Advani, Founder, Global Foray, says PSUs with high earnings and high dividend payouts are the ones that look attractive..
I would rather not go into the list of names, but they are out there and you can do your own research and see which are the ones paying high dividends and which are the ones that are making good earnings..
Anything leaning towards defence has got an extra boost this year, because the government is spending more on defence and these guys will also get better earnings and also make higher dividend payout so that is my thought on the PSU bucket...
But, Coal India is a typical company where it has high earnings, high good cash flow and is a typical candidate for a high dividend..
So, Coal India is the best candidate for getting the dividends and perhaps even selling off a few percent of stock into the market..
