My journey with Dabur completes four years and continues in its fifth year.
Did I beat the Nifty 50 Index? No, my investment in underperforming since last 3 years.
So will I discontinue investing in Dabur? I… don’t know. Just see what happened to my investment in ITC. After my investment in ITC underperformed for five years, it is now beating Nifty 50 Index. Maybe this is the time to invest in Dabur.
So I will continue investing in Dabur? I… don’t know. Just see what happened to my investment in Samvardhana Motherson. After six years it is still underperforming. Maybe I should not put in any more money in it.
How is my dividend yield at cost? Steadily increasing every fiscal year. But at 0.71% it is insignificant to make any dent.
Investment through the years
Returns
The dividend yield at cost mentioned in the chart above, is yield at the date at which I received the dividends. Another way to look at dividend yield is to calculate it for the fiscal year.
Fiscal year | Dividend yield at cost |
2019-20 | 0.21% |
2020-21 | 0.49% |
2021-22 | 0.67% |
2022-23 | 0.71% |
2023-24 | 0.00% |
To calculate the dividend yield at cost in the above table I use the below formula.
(Total amount of dividends received in a fiscal year ÷ Total amount invested at the end of fiscal year) × 100