I have bought Brookfield India Real Estate Trust REIT for a dividend since my exposure to real estate is low.
It pays a dividend of ₹20.3.
I have bought stock close to book value.
Buy
Date: 17-02-2023
Qty: 358
Price: ₹278.95
EPS: ₹4.31
I have bought Brookfield India Real Estate Trust REIT for a dividend since my exposure to real estate is low.
It pays a dividend of ₹20.3.
I have bought stock close to book value.
Buy
Date: 17-02-2023
Qty: 358
Price: ₹278.95
EPS: ₹4.31
Buy
Date: 22-02-2022
Qty: 1
Price: ₹9,400
Eps: ₹1,310.95
Sold
Date: 17-02-2023
Qty: 1
Price: ₹14,500
Eps: ₹1,947.93
2023: ₹429
Jan: ₹429
Two companies paid a dividend
Shriram Finance ₹405 (₹15/share)
Wipro ₹24 (₹1/share)
***
2022: ₹42,869
Jan: ₹217
Feb: ₹4774
Mar: ₹1536
Apr: ₹812
May: ₹2280
Jun: ₹4438
Jul: ₹6962
Aug: ₹6153
Sep: ₹10366
Oct: ₹515
Nov: ₹4467
Dec: ₹349
***
2021: ₹16,586.21
Jan: ₹452
Feb: ₹1590
Mar: ₹345
Apr: ₹767
May: ₹693
Jun: ₹806
Jul: ₹2643
Aug: ₹1400
Sep: ₹4948
Oct: ₹100
Nov: ₹1955
Dec: ₹887.21
***
2020: ₹892
Nov: ₹892
Dec: ₹0
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.
Reasons for buying:
Earnings have doubled in the last 5 years.
Return on equity is good at 19.88%.
The debt of the company is ₹211.39cr with ₹119.86cr in cash.
The market cap of the company is ₹3,377.37cr.
Buy date: 29-Oct-2020
Qty: 18 Buy Price: ₹530.3 Buy EPS: 61.23 Buy PE: 8.66
Q4 results were released on 14th April and the current EPS is 69.87 up about 14.11% from my buy EPS.
The price of the stock is up about 100.90% from my buy price.
Knew nothing of the company when I bought it and even now except that it produces and sells pig iron. Commodity business and a lot depends on the price of core component. I hold Srikalahasthi Pipes in this space. The price return is 26% in the last decade.
Sell date: 23-Jan-2023
Qty: 18 Sell Price: ₹863.8 Sell EPS: ₹24.53 Sell PE: 35.21
Profit: ₹6,219 Dividend: ₹216
Holding period: 816 days ( 2 years 2 months and 27 days)