Dividend Champion stock: This multibagger consistently delivered dividends for past two decades
Dividend Champion stock: This multibagger consistently delivered dividends for past two decades

Dividend Champion stock: This multibagger consistently delivered dividends for past two decades

To find the right dividend stock, all you need to do is to look for companies that have a history of consistent dividend payments over time. This means that companies, which have a reputation for being reliable and possess steady businesses, are likely to continue paying dividends in the future.  

Karan Dsij Article rating: 4.1

The company declared two interim dividends of 300 per cent each. In the following year, it rewarded shareholders with a stellar dividend of 507 per cent i.e., Rs 50.70. Isn’t it amazing?!   

Dont miss action in this multibagger stock as its likely to announce bonus shares!
Dont miss action in this multibagger stock as its likely to announce bonus shares!

Dont miss action in this multibagger stock as its likely to announce bonus shares!

Meanwhile, the last three years' performance will leave you spellbound as the stock has been an eight-bagger.   

Karan Dsij Article rating: 4.0

The company has delivered good profit growth of 43.2 per cent CAGR over the last five years. In the recently concluded quarter, the stock reported sales of Rs 98 crore, up by 40 per cent YoY while its net profit shot up to Rs 17 crore in Q1FY23 as against Rs 11 crore in Q1FY22. The stock’s return on equity (RoE) stands at 32 per cent, which is quite impressive! 

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