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