BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
As an addendum to our earlier note on dividend yield strategy which indicated that: 1) the central public sector enterprises index has the highest dividend yield of approximately 6% amongst all benchmark indices and 2) the current environment of negative real interest rate is positive for dividend yield stocks, we dived deeper into the prospects for dividend payout from CPSE stocks.
Based on consensus forecasts for CPSE index stocks (where available) it is apparent that the dividend per share for most CPSE stocks are expected to rise over FY20-23.
The rise in dividend per share is supported by rising earning per share and free cash flow from operations over the same period.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR