Having a history of consistent dividend payout, dont miss action in this multibagger Bajaj Group stock as attractive interim dividend is on cards!

The company has declared 23 dividends during this period. In the past 12 months, Bajaj Holding & Investment has declared a whopping equity dividend amounting to the tune of Rs 115 per share.  

Capital markets have garnered widespread acceptability in India. Many individuals want to invest in stock markets and wish to generate returns that could beat the fixed instrument returns as well as the inflation. However, most first-time investors believe that investing in stock markets is complicated, mathematical, and time-consuming. Nevertheless, in this article, we would explain how investing isn't complicated or time-consuming! 

You might be wondering where this secret has been hiding all these years. Well, it has been hiding in plain sight.   

As per one of the studies from 1926 to the present, dividends account for about 43 per cent of the total return of S&P 500 index. The idea of investing for dividends sounds rather old-fashioned, something that our father or grandfather used to do. However, with time, dividend investing fell out of favour. As a young investor, before you dismiss the idea of investing for dividends as either hopelessly old-fashioned or totally boring, remember the old fable of the tortoise and the hare. The idea is that instead of chasing red hot stocks, investing in slow & steady rising stocks, which offer an attractive dividend, is an attractive proposition. 

If you can dedicate at least a minor portion of your investments to the consistent dividend-paying stock, you can emerge as a champion in the investing world.   

Today, we will be talking about a Bajaj Group stock, which has a history of consistent dividend payments. Moreover, since the board meeting of Bajaj Holdings & Investment Ltd is set to be held on September 13, 2022, to consider the declaration of interim dividend, the stock may see some action prior to that. Thus, keep a close watch on this stock! 

Meanwhile, here is a complete history of the dividends of Bajaj Holdings & Investment since 2002 as the company has declared 23 dividends during this period. In the past 12 months, Bajaj Holding & Investment has declared a whopping equity dividend amounting to the tune of Rs 115 per share.  

Talking about its performance, the stock gained nearly 581 per cent in the past 10 years and with this, it has become a multibagger ">Multi-bagger!   

There is an interesting observation that in the year 2021, the company declared a whopping 900 per cent dividend i.e. Rs 90. Earlier as well, the company had a history of declaring solid interim dividends. And, in line with this, in the upcoming board meeting, investors will be all ears to the amount of interim dividend announcement.