How many EXIDE stock you need to buy to earn 5000 Rs dividend per year?

devpress (45)in #blog • 11 days ago

To calculate how many EXIDE shares you need to buy to earn Rs. 5,000 in dividends per year:
Given:

Current EXIDE stock price = Rs. 452.25 per share
Annual dividend per share paid by EXIDE = Rs. 2

We need to find the number of shares (x) that will give Rs. 5,000 in annual dividends.
Formula:
Number of shares needed = (Target annual dividend) / (Annual dividend per share)
x = 5,000 / 2
Solving for x:
x = 5,000 / 2
x = 2,500 shares
Therefore, to earn Rs. 5,000 in dividends per year from EXIDE shares at the current price of Rs. 452.25 and an annual dividend of Rs. 2 per share, you would need to buy 2,500 shares of EXIDE stock.
The total investment required would be:
2,500 shares x Rs. 452.25 per share = Rs. 11,30,625
So you would need to invest approximately Rs. 11.31 lakhs in EXIDE shares to generate an annual dividend income of Rs. 5,000.

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