Company Information-
In this article we will discuss the stock naming as Bajaj Finance limited which is subsidy of Bajaj Finserv and a NBFC (Non Banking financial company) company. This company is part of Bajaj group and founder of the company is Rahul Bajaj and it was founded on 25 March 1987. This company stock has turned your investment of a few lac into crores over the period of time.
Company Stock performance:-
Now let’s take a look at how company stock has performed since its listings. As per data available at Google finance. This stock’s closing price was Rs.5.75 per share on 5 July 2002 and now closed at Rs.7275.90 per share on date 14 October 2022. So it has delivered returns of 126437.39% over the period of time.
*The mentioned prices are inclusive of all the bonuses and stock splits during that interval
Now if you could have invested Rs.1.00 lac at the closing price of Rs.5.75 per share then you could have 17391 shares as on date and your investments of Rs.1.00 lac could have value Rs.126,537,391 means Rs.12.65 crores in 20 years. Means you could have enjoyed the rest of life with investments of just Rs.1.00 in that share.
Dividends paid by company
The stated returns are without considering dividend, now let’s consider the dividends company has paid over the period of time:-
| Announcement Date | Ex-Date | Dividend Type | Dividend (%) | Dividend (Rs) | No. of Stocks | Dividend |
| 26-04-2022 | 30-06-2022 | Final | 1000 | 20 | 17391 | 347820 |
| 27-04-2021 | 08-07-2021 | Final | 500 | 10 | 17391 | 173910 |
| 24-02-2020 | 03-03-2020 | Interim | 500 | 10 | 17391 | 173910 |
| 16-05-2019 | 11-07-2019 | Final | 300 | 6 | 17391 | 104346 |
| 17-05-2018 | 05-07-2018 | Final | 200 | 4 | 17391 | 69564 |
| 17-05-2017 | 06-07-2017 | Final | 180 | 3.6 | 17391 | 62607.6 |
| 24-05-2016 | 14-07-2016 | Final | 70 | 7 | 17391 | 121737 |
| 02-03-2016 | 16-03-2016 | Interim | 180 | 18 | 1739 | 31302 |
| 20-05-2015 | 09-07-2015 | Final | 180 | 18 | 1739 | 31302 |
| 14-05-2014 | 03-07-2014 | Final | 160 | 16 | 1739 | 27824 |
| 15-05-2013 | 04-07-2013 | Final | 150 | 15 | 1739 | 26085 |
| 16-05-2012 | 05-07-2012 | Final | 120 | 12 | 1739 | 20868 |
| 17-05-2011 | 29-06-2011 | Final | 100 | 10 | 1739 | 17390 |
| 13-05-2010 | 08-07-2010 | Final | 60 | 6 | 1739 | 10434 |
| 20-05-2009 | 29-06-2009 | Final | 20 | 2 | 1739 | 3478 |
| 21-05-2008 | 27-06-2008 | Final | 10 | 1 | 1739 | 1739 |
| 16-05-2007 | 28-06-2007 | Final | 30 | 3 | 1739 | 5217 |
| 19-05-2006 | 29-06-2006 | Final | 40 | 4 | 1739 | 6956 |
| 12-05-2005 | 29-06-2005 | Final | 75 | 7.5 | 1739 | 13042.5 |
| 15-06-2004 | 15-07-2004 | Final | 60 | 6 | 1739 | 10434 |
| 13-05-2003 | 10-07-2003 | Final | 45 | 4.5 | 1739 | 7825.5 |
| 13-05-2002 | 10-07-2002 | Final | 45 | 0 | 1739 | 0 |
| 5/6/2001 | 29-06-2001 | Final | 30 | 0 | 1739 | 0 |
| Total | 183.6 | Total | 1267791.6 |
Thus you can see that you could have got dividend income of Rs.12.68 lac and in year 2022 alone it has paid dividend of Rs.3.48 lac which is 3.5 times the initial investments and company is continuously paying dividends are regular intervals and company fundamentals are still intact and continue to do so considering the India growth story.