Power Grid InvIT is an enterprise in the form of a trust known as an infrastructure investment trust that owns revenue generating assets and the cash thus obtained from the operations of the assets is distributed to the unit holders (shareholders) of the trust. They are a close cousins of the Real Estate Investment Trusts…
Category: Equwise
Pick for the Muhurat trading 2021
Two days to Diwali 🪔 🪔 The benchmark indices were on a free fall for the last few days in October and the stocks have shed some of their overheated gains; just in time too with two days to Diwali 🪔. The recent pull back has provided a window of opportunity to consider a few…
Embassy Office Park REIT: Predictable payouts are always good 💰
Embassy Office Park REIT’s current year FY 22 Q1 results are out and it’s good to get payouts as expected. EOPREIT is distributing Rs. 5.64/- per unit for Q1 👏. The record date is 5 Aug and payment date is before 12 Aug. They had deferred giving a guidance for this year’s total payout wayback…
Zomato Zinger 🍔
Each week has something to look forward to 😊; this week it was all about the much awaited IPO from the food delivery app Zomato. It’s difficult not to have this brand as a part of our daily life esp. in Bangalore; every weekend we order food in and Zomato delivers. On certain weekdays, maybe…
Portfolio picks 💰
“And yet, the truth, as I understand it, is there is a bit of voyeur in each one of us who profess a liking to fiction. Much as we might claim loftier reasons such as love for the language or a deep interest in human behavioural patterns, what really gets to us is the peephole…
Go for Gold 🌟
For the past several months, the front pages across most newspapers showcased two main graphs, one depicting the progress of the pandemic and vaccines while the other tracing the journey of the equity markets as it inched higher and higher. Inbetween, the cryptocurrencies shot into limelight with their spectacular rise and subsequent fall. India has…
Embassy Office Parks REIT: Opportunity amidst the uncertainty 🏢
It’s been two full years of operations since the listing for Embassy Office Parks REIT, India’s first listed office space REIT and during both years EOPREIT has delivered the payouts to the unit holders as per the set targets. For the pandemic year of 2020-21, the cumulative payout per unit for the year was Rs….
CDSL: Rock & Roll 🥁 (Doubles the dividend for FY 20-21)
My first post on CDSL was on 5 Oct 2020👉 Dividend Candidate (#3): CDSL 🤑, mentioning the company’s spectacular performance in Q1 of FY 20-21. The CMP (current market price) on that date was Rs. 482.70/- and the CMP on 30 Apr 2021 is Rs. 810/- ✨. And that is only part of the good…
Gen Y Parental Gift Traps 👨👩👧👦 (guest post)
There is a current trend among Gen Y parents to ensure that their Kids have a comfortable life and don’t struggle as they have had to. Admirable as this may seem, maybe Gen Y parents should also pay heed to Darwin’s Theory of Evolution. Nature is the World’s best teacher and Gen Y parents can…
Investment ideas for 18-25 year olds 🚶🏻♂️🚶🏻♀️
In college and pursuing graduate courses; food, accommodation and other expenses paid for by parents, popularly referred to as Gen Z; but the kids themselves most likely will not have any investible surplus. So where is the question of investing? It’s the parents who want to start the kids on their compounding journey and want…
Equwise: Mindful beginning to FY 22 🗓
It’s already 7 April. The first week flew past mainly due to Good Friday and Easter; fasting and feasting🥂. March was year end and that pressure from work is over. And before we start making vacation plans, it is a good time to take stock of our individual balance sheet; to see whether we have…
Equwise: Investing in IndiGrid InvIT⚡️
In prior posts, I had mentioned InvITs, they are a close cousin of REITs, with the difference being in the nature of the assets owned by the trust. While REITs invest in income generating real estate assets; InvITs hold income generating infrastructure assets – there are two currently listed in India – the IRB InvIT and IndiGrid…
Equwise: Prompt Payouts by InvITs 💠
January is usually a bleak month for dividend payouts; Q3 ends in Dec and the subsequent month is usually spent by the companies compiling the financial data. But this time, the new year began with a pleasant surprise 🎊. As mentioned in a prior post GMDC declared their annual dividend late in 2020 GMDC: Dividend…
Non Convertible Debentures (NCD): A source of passive income 💰
Power Finance Corp (PFC) a govt of India undertaking advertised that it is selling bonds also called non-convertible debentures (NCD) worth Rs. 5000 cr to raise cash. The maximum interest rate offered on these bonds is 7.15% pa. This is an eye catching rate of interest as the bank FD rates have fallen sharply below…
GMDC: Dividend declared💰
I had written about GMDC being a dividend candidate earlier in the post 👉 Dividend Candidate(#1): GMDC🤑 and had considered this year’s dividend to be Rs. 3/- share. But this year the dividend declared in Rs. 2/- share (100% face value). The dividend is usually declared in September and the payout happens by October. But…
Dividend Candidate (#3): CDSL 🤑
CDSL is a business that did well during the pandemic. Take look at the company’s Q1 numbers 👇 The Story So Far… CDSL is Central Depository Services Ltd, in the business of holding securities in the dematerialised form and enabling their transactions. Like the two stock exchanges in India namely BSE and NSE, the depository…
September Dividend Stars ✨
The FMCG giant ITC Ltd gave out a dividend of Rs. 10.15/- per share. The Central Depository Services Ltd (CDSL) paid a dividend of Rs. 4.5/- per share. The media company and Radio Mirchi owner Entertainment Network India Ltd (ENIL) paid Rs 1/- per share as dividend. These were the portfolio payouts for Sep 2020….
A half yearly update on Passive Income 🤑
April & May saw zero income for me from equity. This maybe due to the fact that for companies in India, March marks the financial year end; the next two months are spent compiling the financial results and when the results are finally approved and announced, so are the dividends, if any. Even the Q4…
Embassy Office Parks REIT: Delivering on distribution targets 🏢
The DPU (distribution per unit) promised for this year by Embassy Office Park REIT was Rs. 24.5/- per unit; year end results are out and they delivered Rs. 24.39/- per unit (before tax) for FY 19-20✨✨ 28 May is the record date fixed for the distribution (to determine which shareholders are eligible to receive the distribution) and…
BSE Ltd : The dividend does not disappoint 💸
BSE Ltd has declared dividend of Rs. 17/- per share for FY 19-20 subject to the approval at the AGM. The dividend payout ratio is at 95% in the midst of the COVID 19 pandemic. The money in the pocket is happy news for the shareholders👍. The company has so far maintained a payout ratio…
Miles and smiles 
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