2023 Update

I have received ₹1,36,793 as dividends in 2023.

I have ₹5,79,189 as capital gains in 2023.

I spent ₹9,19,122 and was able to cover 77.89% from dividends and capital gains.

Mar Dividend Update

4 Companies paid dividends in the month of March for a total of 1234

Transaction Date	Company Name	Amount(Credits/Debits)
2023-03-21	GAIL (India)	448.00
2023-03-21	Housing & Urban Development Corporation	203.00
2023-03-31	Indraprastha Gas	530.00
2023-03-21	Sun TV Network	53.00

21 LICHSGFIN

LICHSGFIN

221

320.80

03/28/2023

2.64%	Dividend Yield: Ideally Between 3.5% and 6.5%
The dividend growth is not a consistent year on year and 1 decrease in 24 years	Number of Consecutive Years of Dividend Growth: Ideally At Least 10
8.38%	Average 10y Annual Dividend Growth: Ideally between 5% and 10%
8.36%	Average 10y Annual Earnings Growth: Ideally in line with or above dividend growth rates.
14.57	Dividend Payout Ratio: Ideally less than 75%, except for REITs and MLPs
8.33	Debt to Equity Ratio: Ideally 1:1 or less
40.23	Net Margins: Ideally at least 5%
10.08	Return on Equity: Ideally at least 10%
439	Fair Value Estimate: Ideally trading below Morningstar’s Fair Value Estimate
328.7	Current Price
33.56%	Upside %

20 CESC

CESC

1472

67.95

03/24/2023

6.82%	Dividend Yield: Ideally Between 3.5% and 6.5%
The dividend growth is consistent year on year and no decrease in last 19 years	Number of Consecutive Years of Dividend Growth: Ideally At Least 10
18.85%	Average 10y Annual Dividend Growth: Ideally between 5% and 10%
17.94%	Average 10y Annual Earnings Growth: Ideally in line with or above dividend growth rates.
44.78	Dividend Payout Ratio: Ideally less than 75%, except for REITs and MLPs
1.04	Debt to Equity Ratio: Ideally 1:1 or less
10.87	Net Margins: Ideally at least 5%
13.4	Return on Equity: Ideally at least 10%
81	Fair Value Estimate: Ideally trading below Morningstar’s Fair Value Estimate
66.53	Current Price
21.75%	Upside %

19 Bajaj Auto

BAJAJ-AUTO

24

3,845.10

03/24/2023

3.61%	Dividend Yield: Ideally Between 3.5% and 6.5%
The dividend growth is consistent year on year and no decrease in the last 16 years	Number of Consecutive Years of Dividend Growth: Ideally At Least 10
12.02%	Average 10y Annual Dividend Growth: Ideally between 5% and 10%
7.32%	Average 10y Annual Earnings Growth: Ideally in line with or above dividend growth rates.
69.17	Dividend Payout Ratio: Ideally less than 75%, except for REITs and MLPs
-	Debt to Equity Ratio: Ideally 1:1 or less
19.13	Net Margins: Ideally at least 5%
21.58	Return on Equity: Ideally at least 10%
3869	Fair Value Estimate: Ideally trading below Morningstar’s Fair Value Estimate
3882.05	Current Price
-0.34%	Upside %

18 REC

10.29%	Dividend Yield: Ideally Between 3.5% and 6.5%
The dividend growth is not consistent year on year and 2 instances of decreases in 16 years and 2 decreases in 10 years	Number of Consecutive Years of Dividend Growth: Ideally At Least 10
12.75%	Average 10y Annual Dividend Growth: Ideally between 5% and 10%
13.46%	Average 10y Annual Earnings Growth: Ideally in line with or above dividend growth rates.
25.59	Dividend Payout Ratio: Ideally less than 75%, except for REITs and MLPs
6.49	Debt to Equity Ratio: Ideally 1:1 or less
61.31	Net Margins: Ideally at least 5%
21.11	Return on Equity: Ideally at least 10%
169	Fair Value Estimate: Ideally trading below Morningstar’s Fair Value Estimate
115.05	Current Price
46.89%	Upside %

I could not pass up a 10% yield

Buy Date: 24-03-2023

Qty: 768    Price: 117.4    Eps: 39.51

Feb Dividend Update

 

35 companies paid dividends for the month of Feb for a total of ₹15,657

17 Kalyani Steels

Reasons for buying:

Buy PE was reasonable at 6 and below 10 years PE median of 7.79.

Earnings have increased 8 times since 2012 and revenues were flat since 2012. I probably should sell it at a profit since revenues were not increasing but not a bad stock to own. I will stop buying when EPS is down to 18.41.

Return on equity is ok at 17.98%.

The market cap of the company is ₹1,477.87cr.

The debt of the company is ₹173.27cr with ₹626.06cr in cash.

Buy date: 12-Nov-2021

Qty: 27 Buy Price: ₹368.35 Buy EPS: ₹61.37 Buy PE: 6

The price of the stock is down about -10.55% from my buy price.

I have added 10K worth of stock when it has fallen 10%.

Buy date: 26-Nov-2021

Qty: 30 Buy Price: ₹328.50 Buy EPS: ₹61.37 Buy PE: 5.35

Buy date: 18-Feb-2022

Qty: 34 Buy Price: ₹294 Buy EPS: ₹57.32 Buy PE: 5.12

Buy date: 27-Feb-2023

Qty: 228 Price: ₹306.9 Buy EPS: ₹55.93

The yield is 3% and will hold for the long term.

The company manufactures forging and engineering quality carbon and alloy steel. Its product portfolio consists of carbon steel, chrome steel, chrome-manganese steel, chrome-nickel steel, chrome-moly steel, low carbon chrome-nickel-moly steel, medium carbon cr-ni-mo steel, and bearing steel. The company's products are used in automotive forging, construction equipment, bearing, seamless tubes, and aluminum smelting. The majority of the revenue is generated by the sale of Rolled Products, As cast blooms, and Pig iron.