Power of Dividend

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PFC is one of the Highest Dividend paying company for the period of 2008–2018. 

If you would have invested in this company in 2008 at Rs. 68 (closing price), after 10 years you would have not only  made  money from the stock appreciation( 1:1 Bonus shares 2 years back, closing price 91, as on 29th Oct'18). 

But during this period the total dividend received is Rs. 86.10/sh with yearly average dividend 12.5% TAX FREE on Cost price.

Stock still available at 0.65xBook. which is lowest in NBFC industry.

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