@dcoolsam wrote:
Hi,
I am planning to create a low maintenance - High dividend yield portfolio for wife. Growth investing for wife is being taken care mostly using smallcap and midcap funds.The purpose of this portfolio is to receive Regular Dividends and will never sell these stocks (thanks to LTCG - now no more switching , unless company story changes). My assumption is: as the companies grow, dividends would also grow. As per my study, if you had to invest in Indiabulls HF (good dividend paying stock) in 2011, by now in 2018, dividend yield would have been 20% (Price of 2011 / current dividend). This could be a good bills paying strategy for retirement.
I have decided to stick to only private companies. Government companies, many of them are paying excellent dividends (Coal India, REC, PFC, HindZinc, etc) However Govt may stop paying dividends anytime, or if the government changes, new govt may pay lesser dividends.
Filters:
- Private Companies
- Dividend Yield > 2%
- Net profit > 100 Cr
- Non-Cyclical
- Consistent Dividend Paying
- Rising Profit
- Debt/Equity < 1
- Average to Low Valuations
- FCF > 0
- Diversified Portfolio
Stock and Approx Dividend Yield (Equal weighted Portfolio):
OFSS 4.54%
CASTROLIND 5.61%
HCLTECH 2.48%
INDIGO 2.64%
INFY 2.27%
HEROMOTOCO 2.40%
IBULHSGFIN 2.18%
CARERATING 2.31%
ITC 1.86%
BAJAJ-AUTO 2.00%Sector wise distribution:
Software: OFSS, HCLTECH, INFY
Housing Finance: IBULHSGFIN
Airline: INDIGO
Auto: HEROMOTOCO
Rating Agency: CARERATING
FMCG: ITC
Oil: CASTROLINDIn advice or suggestions, would be useful. Thanks
Disc:
- Invested in IBULHSGFIN in my growth portfolio.
- I am not a SEBI registered advisor and this is not an investment advice.
Posts: 5
Participants: 5