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…