Earn Rs 1 lakh in dividends every year: Often retail investors like us, while investing in any company check whether the company is paying dividends on regular basis or not.
If a company is consistently paying dividends to its shareholders, it is a huge positive factor for the company and reflects its stability. An important financial ratio we use when we analyze a company on a dividend basis is the dividend yield. (Earn Rs-1 lakh in dividends every year)
So in today’s blog, we will talk about the top 5 companies whose yield dividend is the highest. After that, we will tell you that approximately how many shares will be bought in all companies to earn 1 lakh rupees every year as a dividend. (Earn Rs-1 lakh in dividends every year)
Earn Rs-1 lakh in dividends every year: To calculate the total number of shares we multiply their dividend yield by the share price we get the value of dividend per share. With the help of dividend per share, we have calculated that how many shares you have to buy in companies to earn a dividend of Rs-1 lakh. (Earn Rs-1 lakh in dividends every year)
In this list, we will talk about only those companies whose market cap is more than 5000 crores. We will tell you at the end about the company which has the highest dividend yield. So let’s start today’s list. (Earn Rs-1 lakh in dividends every year)
Earn Rs-1 Lakh In Dividends Every Year
These companies will help you to earn Rs-1 lakh in dividends every year:
Vedanta Limited
Earn Rs-1 lakh in dividends every year: The first company is Vedanta Limited. This company is involved in the exploration, extraction, and processing of minerals and oil and gas.
The dividend yield of the company is 15.67% and you have to buy around 3,125 shares in the company to earn a total dividend of 1 lakh in a year.
The PE Ratio of the company is 6.62 and the Debt to Equity Ratio is 0.80. In terms of profitability, the company has a Return on equity of 20.42%, and a Net profit margin of 17.68%. The share price of the company has increased by 108.26% in the last year.
In the last 5 years, the company has given an annual return of 9.42%. Secondly, REC Limited is a non-banking finance company that provides financial assistance across the value chain of the power sector.
PROS:
The dividend yield of the company is 15.67%
It is expected from the company to give a good quarter
The company’s profit growth over the last 5 years is 28.69% CAGR.
The company has maintained a good dividend payout of 32.57%
CONS:
The company has had a low return on equity of 13.45% for the last 3 years.
Contingent liabilities of Rs.38066.00 Cr.
Promoters have pledged 99.99% of their holding.
To know about more stocks click here: https://www.teknikalraman.com/earn-rs-1-lakh-in-dividends-every-year/