After putting my investment in VIP Industries and forgetting about it for two years, I decided to put in some more money this fiscal year. As you see below 61% on my investment has come in this fiscal year, so my investment in VIP Industries is still young.
As far as returns go I am beating the Nifty 50 Index. Yay!
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 |
2017-18 | 0.95% |
2018-19 | 1.70% |
2019-20 | 1.36% |
2020-21 | 0% |
2021-22 | 1.01% |
2022-23 | 1.81% |
2023-24 | 0% * |
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
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