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Top 2 Companies That Announced Big Dividend Payouts In 2022
Dividend has emerged a significant consideration when you decide to invest in the share market as you can expect a reliable source of return.
Dividend has emerged a significant consideration when you decide to invest in the share market as you can expect a reliable source of return. Dividend payment is much more dependable than a rise in capital growth in a particular year. Dividends are usually paid out once a year. However, a few companies decide to declare and pay dividends semi-annually. Dividend yield cannot indicate whether the stock is good or bad.
Dividend yield is a formula that can determine the advantages and risks of investing in a company and to find out which stock can effectively fulfill investment goals. Below are two leading companies that declared big dividend payouts in 2022:
1. Hero Motocorp Ltd.
The large-cap company declared a solid equity dividend of 4750% amounting to Rs 95 per share in the year 2022. If you look at the current share price of Hero Motocorp of Rs 2759%, the dividend yield has turned out to be 3.44%.
It is worth noting that the company has an outstanding dividend track record and has regularly declared dividends for the last 5 years without fail. Last year in 2021, Hero Motocorp announced a final dividend of 1250% amounting to Rs 25 per share and special dividend of 500% equivalent to Rs 10 per share. The stock of Hero Motocorp offers a PE of 23.80 which is lesser than sector PE of 24.05. It has an EPS of 115. The market capitalization of Hero Motocorp is Rs 55,148 crore. Hero MotoCorp Limited is the world's largest manufacturer of two-wheelers.
2. Bosch Ltd
The mid-cap company declared a final equity dividend of 1100% equivalent to Rs 110 per share and special dividend of 1000% equivalent to Rs 100 per share. The ex-dividend date is July 14, 2022. If the current stock price of Rs 14,266 is considered, the dividend yield is 1.47%. The company has a solid dividend track record and regularly declared dividend in the last 5 years. Last year the company declared a final dividend of 1150% equal to Rs 115 per share. The company has witnessed a strong annual EPS growth. Its PE is 34.54 and EPS is 413. The market capitalization is Rs 42,077 crore. Bosch India is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has, in India, the largest development center outside Germany, for end to end engineering and technology solutions.
Disclaimer
Investors are advised caution as the markets have become exceedingly volatile. There is a possibility that even stocks paying high dividends could fall, thus eroding investor wealth. Neither Greynium Information Technologies, nor the author, would be responsible for any losses based on a decision reading the above article. Every effort has been made to provide accurate information and readers should understand the inherent risks before investing in the markets.
