Dividend stock: Investing in dividend stocks can be a better bet than risk-free small savings schemes such as Public Provident Funds (PPF), Employee Provident Funds (EPF) and Bank Term Deposits (FD). Dividend-paying stocks can double your returns if their dividend yields outperform traditional risk-free investment options and at the same time register a significant rise during the investment period.
Dividend stock: Investing in dividend stocks can be a better bet than risk-free small savings schemes such as Public Provident Funds (PPF), Employee Provident Funds (EPF) and Bank Term Deposits (FD). Dividend-paying stocks can double your returns if their dividend yields outperform traditional risk-free investment options and at the same time register a significant rise during the investment period.
Power Finance Corporation (PFC) stock is one such declared dividend stock. ¥10 dividends per share for the past year. At the same time, PFC’s stock price also increased by about 30% during this period. Because I had a stock of PFC ¥About a year ago they were at levels of 120 each, but PFC’s dividend yield and PFC’s stock return together doubled the return for long-term shareholders.
Power Finance Corporation (PFC) stock is one such declared dividend stock. ¥10 dividends per share for the past year. At the same time, PFC’s stock price also increased by about 30% during this period. Because I had a stock of PFC ¥About a year ago they were at levels of 120 each, but PFC’s dividend yield and PFC’s stock return together doubled the return for long-term shareholders.
FY2011 PFC Dividend History
Dividends declared by PFC shares in the past year are ¥10 shares per share. In the past year he has announced four dividends. Trade ex-dividend stocks on June 9, 2022, ¥The interim dividend to shareholders is 1.25 per share. Similarly, if you trade an ex-dividend stock on September 1, 2022, ¥Interim dividend of 2.25 per share.Similarly, PFC shares will become ex-dividend shares on November 24, 2022. ¥The interim dividend to shareholders is 3 per share. PFC shares traded ex-dividend again on his February 24, 2023. ¥Interim dividend payment of 3.50 per share.
FY2011 PFC Dividend History
Dividends declared by PFC shares in the past year are ¥10 shares per share. In the past year he has announced four dividends. Trade ex-dividend stocks on June 9, 2022, ¥The interim dividend to shareholders is 1.25 per share. Similarly, if you trade an ex-dividend stock on September 1, 2022, ¥Interim dividend of 2.25 per share.Similarly, PFC shares will become ex-dividend shares on November 24, 2022. ¥The interim dividend to shareholders is 3 per share. PFC shares traded ex-dividend again on his February 24, 2023. ¥Interim dividend payment of 3.50 per share.
FY23 PFC Dividend Yield
PFC’s stock price at the beginning of fiscal 2011 was ¥At 120, PFC’s stock price today is ¥156.50 level per share. As such, dividend stocks have risen to 30% over the past year. PFC dividend yield for FY2011 is 8.35% [( ₹10 / 120) x 100]Add in the dividend yield over the past year and the increase in PFC’s share price, and you’ve got about 38% (30 + 8) of net income from dividend-paying stocks.
FY23 PFC Dividend Yield
PFC’s stock price at the beginning of fiscal 2011 was ¥At 120, PFC’s stock price today is ¥156.50 level per share. As such, dividend stocks have risen to 30% over the past year. PFC dividend yield for FY2011 is 8.35% [( ₹10 / 120) x 100]Add in the dividend yield over the past year and the increase in PFC’s share price, and you’ve got about 38% (30 + 8) of net income from dividend-paying stocks.
PFC Dividend Yield Outperforms PPF, EPF and Bank FD Returns
Over the past year, the PPF interest rate remained at around 7.10%, while the EPF interest rate remained at 8.10%. However, returns on bank term deposits (FDs) have risen from around 5.50% to around 7% over the past year. Therefore, comparing his PFC’s dividend yield in FY23 to these traditional investment options, PFC was able to outperform his PPF, EPF and bank FD returns.
PFC Dividend Yield Outperforms PPF, EPF and Bank FD Returns
Over the past year, the PPF interest rate remained at around 7.10%, while the EPF interest rate remained at 8.10%. However, returns on bank term deposits (FDs) have risen from around 5.50% to around 7% over the past year. Therefore, comparing his PFC’s dividend yield in FY23 to these traditional investment options, PFC was able to outperform his PPF, EPF and bank FD returns.