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…

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…

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…

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…

Dividend Candidate(#2): BSE Ltd 🤑

At CMP Rs. 298.35/-, the dividend yield of BSE Ltd is at 10.06% which is very attractive. India has a duopoly in the stock exchange business, the two being – NSE and BSE. While NSE is the market leader in equity cash trading and derivative trading, it is not yet listed. The listed exchange BSE Ltd. severely lags…

Dividend Candidate(#1): GMDC🤑

Not a great company; not even average; below average would be apt. Then why start with this? Because the dividends they dole out is quite surprising. Here’s a snapshot from 2015: Gujarat Mineral Development Company (Ticker NSE: GMDCLTD) CMP: Rs. 55.35/- (NSE, 10 Dec 2019) [1]Established in 1963,  it’s a state owned enterprise – 74%…

Dividend Income – Pot of Gold or Reality? 🌈

Dividends are a source of income for equity investors; but many are not interested in the small amounts distributed as dividends and prefer to make a killing buying low and selling high. Why should an equity investor in India pursue dividend investing? As per the current IT laws, for a resident individual dividend income upto Rs….

Investing in smallcase 🤑₹

Smallcase is an investment idea in the Indian equity market – to put it simply, a combination of the mutual fund concept and a stock systematic investment plan (sip). I have been doing both separately for sometime and now will try the smallcase way. As I mentioned in the prior post on smallcase, the investors buy…