As part of my financial year clean-up, I had captured all the dividends received over last 1 year i.e. 01-Apr-2016 to 31-Mar-2017 and analyzed the performance of my portfolio vis-a-vis with the same. Last year, I had written that March usually showers dividends and this year was no different.
Having PSUs as part of my portfolio helped to get a nice small but tidy sum as dividends through out the year. So, here goes my review:
Dividend Yield for self portfolio (core + growth) : 2.08% as compared to current investments.
Some of the stocks have been removed as part of churning and new ones have been added. Without getting too statistical, I just took the overall dividends received and divided the same with my current investment.
Specifically on the stocks that I hold, REC and COAL INDIA have been the major stars, but IOC and INFY are some very wonderful silent performers. Snapshot of the dividend yields of different scrips vis-a-vis their investments is as below:
A similar analysis on my spouse’s portfolio shows a net dividend yield of 1.64% over current investments. ONGC and HEXAWARE turned out to be the major contributors to the dividend.
Suggestions/Comments/Feedback is most welcome.