Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial

Portfolio: Removing Canara Bank From DivYield Portfolio On Low Dividend Yield


We are removing Canara Bank from our DivYield portfolio. The place is vacant, we will be adding another stock soon. Canara Bank has just given a dividend of Rs 1 in last 17 months. This doesn't fit in with the rationale we follow of maintaining a Dividend Yield portfolio. While the Dividend in itself has been disappointing, we can find some solace in the fact that the stock has given a return of 57% since the stock was added to our Portfolio. DivYield Performance. Dividend Yield portfolio has been rock steady with its performance . . .

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial