Thursday 26 January 2023

13 VST Industries

The company is paying dividends for 23 years and only one instance where the dividend is decreased.

Zero debt company.

The average annual 10 yr  dividend growth rate is 8.31%

The average annual 10 yr earning growth is 8.43%

ROE is 31.79%

Buy

Date: 29-Sep-2020    Qty: 3    Price: 3399.07    EPS: ₹196.94

Date: 20-Dec-2021    Qty:3    Price: 3059    EPS: ₹192.24

Date: 27-Jan-2023    Qty: 25    Price: 3090    EPS: ₹223.73

I have received 1182 in dividends so far. It is not a growth stock and will try to hold to it as long as possible for dividends.

VST Industries manufactures and distributes cigarettes and unmanufactured tobacco under the brand names Charms, Charminar, Gold, Moments, and Zaffran. The company operates its business out of India. In terms of revenue from operations, a majority comes from the sale of cigarettes and the remainder generally comes from the sale of unmanufactured tobacco. Geographical segments consist of sales within India and sales outside of India with the majority derived from India.

No comments:

Post a Comment