After severely underperforming Nifty 50 Index for five years, my investment in ITC is not only in profit but also beating Nifty 50 Index. What a turnaround! I had only heard about such things, over the past year I have witnessed it. Over last fiscal year I have significantly increased investment in ITC, so much so that over 66% of my investments b v has come in last 1.5 years.
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 |
| 2018-19 | 1.91% |
| 2019-20 | 1.08% |
| 2020-21 | 4.81% |
| 2021-22 | 3.93% |
| 2022-23 | 2.98% |
| 2023-24 | 2.81% * |
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
Profit
XIRR
