When a dividend stock falls, its yield rises, so buying near the lows locks in a higher income stream. The risk is that the price is falling because the dividend is in danger, so check the payout ratio. This screen lists stocks on the Bombay Stock Exchange with a dividend yield above 3% that trade within 10% of their 52-week low, highest yield first. Prices are in Indian rupees, and the list covers BSE-listed stocks with at least 50 million rupees in average daily trading value.
