Thursday, January 26, 2017

Catch them Young--NHPC

NHPC historical data indicates stock turning out to be dividend master. though stock price showing signs of uptrend will that lead to become one of the Multi-bagger + Dividend master. though prediction goes wrong but trend continues to shows the light in a positive direction. Below is past dividend record plus the stock price movement on the day of dividend Announcement. Spectacle Zoom indicates increasing trend in the dividend payout. Last FY Dividend declared 6% and current FY 9%(INR 1.70) will this meet the criteria of Dividend investor. 


















lets not dwell more into technicals, below chart is only to show last 1yr stock continue to trend upwards, does this really mean it can be multi bagger for that to conclude one must discuss with your financial adviser and work on risk management.

Also read below link : Dividend by Diktat http://www.thehindubusinessline.com/opinion/editorial/dividend-by-diktat/article8682481.ece
Dividend Diktat will compel PSU companies to declare dividends YOY i should make a point of adding into my portfolio on regular basis.

Disclosure : Hold 6.5% of my Portfolio will monitor and continue to add at appropriate levels looking at financial performance and Dividend payout by the company.

1 comment:

Girish Seshagiri said...

NHPC Board approves buyback Proposal @ 32.25.

http://economictimes.indiatimes.com/markets/stocks/news/nhpc-drops-2-as-board-approves-buyback-proposal/articleshow/57034109.cms