How many PCBL stock you have to buy in NSE in order to earn yearly 5000 Rs dividend?

in #blog18 days ago

To determine how many shares of a stock you need to buy to earn a specific dividend amount per year, you need to know the dividend rate per share. The dividend rate is usually quoted as an annual amount per share.

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For example, let's assume PCBL stock has an annual dividend rate of Rs. 2 per share. To earn a yearly dividend of Rs. 5,000, you would need to calculate:

Required Number of Shares = Target Annual Dividend / Dividend Rate per Share
= Rs. 5,000 / Rs. 2 per share
= 2,500 shares

Therefore, if the annual dividend rate of PCBL stock is Rs. 2 per share, you would need to buy 2,500 shares of PCBL stock on the National Stock Exchange (NSE) to earn a yearly dividend of Rs. 5,000.

However, please note that the dividend rate can change over time, and it's essential to verify the current dividend rate for PCBL stock before making any investment decisions. Additionally, dividend payments are not guaranteed and are subject to the company's financial performance and board approval.

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