4 Stocks With Average Dividend Payout Up To 543% In 3 Years

Dividend is that part of the profit of a company which it pays to its shareholders annually. After paying out the dividend, companies generally reinvest the rest of the earnings in their own growth and other such activities.

The dividend payout ratio gives insights into how much money the company returns to its shareholders compared to how much it keeps on hand to reinvest in growth, pay off debt or add to cash reserves.

It is calculated using the yearly dividend per share divided by the earnings per share (EPS), or equivalently, or divided by the net income dividend. It is in percentage form. A higher payout means the company is sharing more of its profits with the investors.

This is the time of the year when most companies declare dividend. We have identified 4 stocks whose average dividend payout for three years is higher than 10% and the five-year dividend paid is up to Rs 681 crore.

The companies are Sunteck Realty Ltd, Edelweiss Financial Services Ltd, GIC Housing Finance Ltd and Indiabulls Housing Finance Ltd. Given below are the details of these companies.

1. Sunteck Realty Ltd

Sunteck Realty is a Mumbai-based real estate developer focused on developing premium residential and commercial properties across Mumbai Metropolitan Region. It is a mid-cap company incorporated in the year 1981 and has a market capitalisation is Rs 4,152.67 crore.

The average dividend paid in 5 years is Rs 21.06 crore and the average dividend payout over 3 years is 542.98%. The stock price is trading at Rs 283.50 per share.

2. Edelweiss Financial Services Ltd

Edelweiss Financial Services is principally engaged in the business of providing investment banking services and holding company activities comprising development, managerial and financial support to the business. It is a mid-cap company with a market capitalisation of Rs 3,902.33 crore.

The average dividend paid over 5 years by the company is Rs 99.2 crore and the average dividend payout over 3 years is 50.1%. The stock price is trading at Rs 41.37 per share.

3. GIC Housing Finance Ltd

GIC Housing Finance is a small cap company incorporated in 1989 operating in a non-banking financial services space. The company gives housing loans to individuals and persons/entities engaged in the construction of houses/flats for residential purposes. It has a market capitalisation of Rs 916.81 crore and the stock is trading at Rs 170.25 per share.

The average dividend paid in 5 years by the company is Rs 22.09 crore and the average dividend payout over 3 years is 15.25%.

4. Indiabulls Housing Finance Ltd

Indiabulls Housing Finance is a mid-cap company incorporated in 2005 and has a market capitalisation of Rs 5,366.77 crore. The company is registered with and regulated by National Housing Bank (NHB) and is engaged in the business of providing home loans and loans against property. It also provides corporate mortgage loan-lease rental discounting and residential construction finance.

The average dividend paid by the company in 5 years is Rs 681.96 crore and the average dividend payout over 3 years is 11.12%. The stock price is trading at Rs 113.80 per share.

Disclaimer

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