Cyient update

Ex-Dividend date 25-10-2022 ₹10 per share. Received ₹130 the cost basis is ₹9630.4.

I just wanted to try dividend investing, will check yearly to see how it performed.

Buy Date: 17-Oct-202296

Qty: 13 Price: ₹750.8 EPS: ₹43.83 Amount: ₹9760.4

Dividend Evaluation Checklist:
3.19	Dividend Yield: Ideally Between 3.5% and 6.5%
The dividend growth is not consistent year on year	Number of Consecutive Years of Dividend Growth: Ideally At Least 10
41.17%	Average Annual Dividend Growth: Ideally between 5% and 10%
12.62%	Average Annual Earnings Growth: Ideally in line with or above dividend growth rates.
54.78	Dividend Payout Ratio: Ideally less than 75%, except for REITs and MLPs
0.52	Debt to Equity Ratio: Ideally 1:1 or less
11.52	Net Margins: Ideally at least 5%
16.29	Return on Equity: Ideally at least 10%
949	Fair Value Estimate: Ideally trading below Morningstar’s Fair Value Estimate
750.8	Current Price

I will continue to invest only when EPS increases and the price falls.

I am going to sell it at Morningstar's Fair Value.

Cyient provides a variety of information technology, IT, and engineering services. The firm organizes itself into two segments based on customer type and reported as either service or design-led manufacturing revenue. Services are by far the largest activity. The industries served are aerospace and defense, communications, energy and utilities, transportation, medical and healthcare, semiconductor, and portfolio which focuses on the development and implementation of new technologies in all sectors. The majority of the company's revenue comes from America.