u/Electronic_Usual7945

https://preview.redd.it/3z0c2pco441h1.png?width=2460&format=png&auto=webp&s=6d5fb1a35d64a39e369b25147b4c1e1e4ca437c2

• Revenue at ₹13,942 Cr (+1.8% YoY, +81.1% QoQ)
• EBITDA came in at ₹5,058 Cr (+170.4% QoQ)
• EBITDA Margin stood strong at 36.3%
• PAT rose to ₹4,196 Cr (+5.5% YoY, +124.8% QoQ)
• EPS increased to ₹62.7

HAL also announced its highest-ever dividend of ₹35/share 💰

Despite mixed market conditions, HAL continues to deliver good execution and steady growth in the defence sector. Dividend investors must be smiling 👀

Comment if you are holding HAL and how much dividend you have received so far 👇

Most people chase FIRE with a 5% withdrawal strategy.

REITs & InvITs already offer higher yields — accumulate now and aim for 8%+ YOC by retirement, potentially creating FIRE-like cash flow without selling assets.

In this community, we’ve discussed these assets multiple times, but many still say, “I’ll buy these after retirement.”

That could be a big mistake. You never know if that decision will turn out right or wrong. What if things don’t work as expected when you no longer have the same energy to work or recover financially?

Better to start accumulating now. By retirement, the portfolio may already be mature — and even if something goes wrong, you still have time to adapt and correct course.

This can be one part of an overall portfolio strategy to support retirement cash flow and FIRE goals.

If anyone is doing SIPs into these assets for a pure retirement income bucket, share your strategy or experience in the comments. It might help others as well 👇

HPCL Q4 FY26 Results 🔥

• PAT up 78% YoY
• EPS up 77% YoY
• Operating Profit up 59% YoY
• OPM improved to 7.5%
• P/E around 5.2

Strong operating performance, margin expansion, and cash flow this quarter.

━━━━━━━━━━━━━━

💰 Dividend Update

HPCL has recommended a final dividend of ₹19.25/share for FY26.

📌 Key Details

• Record Date: Aug 14
• Share Price: ₹390
• Dividend Yield: 6.2%
• FY26 EPS: ₹81
• Payout Ratio: 30%
• Payment Date: TBA

📊 Dividend History

• FY25 → ₹10.5
• FY26 → ₹24.25

The recent war-driven correction turned out to be a strong accumulation opportunity for dividend investors — especially with HPCL now offering yields higher than many REITs at current levels.

Anyone added during the dip? Write in comments 👇

Challenge: Swing Trading

I use swing trading on my existing SBIN position to gradually increase share count over time, turning volatility into additional holdings while keeping the core position intact.

Focus:

• Preserve core holdings
• Capture market swings to grow quantity
• Recycle profits within the same stock
• Build accumulation through volatility, not fresh capital
• Act only on selective opportunities

Swing Accumulation Log

Stock: SBIN
Core Holdings (Existing): 155 Shares
Swing Target: 25 Shares
Net Swing Additions: 0 Shares

Swing Progress: 0 / 25 🎯

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Disclaimer: Personal challenge shared for accountability and consistency. Not financial advice. Investing involves risk — please do your own research.

Strategy: Core + Swing = More Shares

Inspired by and credit to A.S.A

Plan – Conservative Mode

• Buy 1 share every week
• Add more only on meaningful dips
• Reinvest all dividends

Week: May 11 – 15, 2026

• Stock: ICICIAMC
• Target: 1,000 Shares
• Current: 261 Shares
• This Week: 1 Shares (1 Regular + 0 Reinvested + 0 Dip buy + 0 Swing buy)
• Total Reinvested So Far: 17 / 100 🎯
• Swing Trade Shares: 14 / 100 🎯

Month	Units	Avg ₹
Dec, 2025	87	2,575.84
Jan, 2026	2	2,728.40
Feb, 2026	87	3,074.50
Mar, 2026	62	2,780.93
Apr, 2026	12	3,184.50
May, 2026	11	3,258.67

Progress: 261 / 1,000 shares (26.1% complete)

Disclaimer: Personal challenge shared for accountability and consistency. Not financial advice. Investing involves risk — please do your own research.

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Q: Why only ICICI AMC?

Actually, it’s not only ICICI AMC. I started with NAM-INDIA through SIP, later moved to HDFCAMC / CRAMC with a lump sum investment approach.

Now, after getting 1 lot in the ICICI AMC IPO, I’m taking a different route — doing weekly SIP-style accumulation instead of lump sum investing, with a specific long-term target in mind.

Q: Why SIP in AMC stocks?

I have already shared a detailed post on this here: SIP into AMC stocks — ideal for dividend investors?

Q: How do you plan to achieve the target?

I’m using 3 different engines to reach the target:

1. Weekly SIP accumulation (~52 shares/year)
2. Reinvesting dividends (~50 shares per year)
3. Swing trading accumulation (learning + targeting 100 shares per year) — Detailed post : Strategy: Core + Swing = More Shares

All combined should help me move toward the long-term target of 1000 shares.

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• Road to 1,000 Shares — Week #13

I previously shared a strategy (link below) where I combine core investing with swing trading to accumulate more long-term shares without adding fresh capital.

Strategy: Core + Swing = More Shares

I’ve now implemented it and tracked the real results.

Summary

Metric	Value
Total Trading Profit	₹55,652.49
Total Trades	11
Winning Trades	11 / 11
Win Rate	100%
Average Profit / Trade	₹5,059.32
Average Return %	1.48%
ICICI AMC Accumulated	14 / 100 🎯
Strategy Type	Trade → Instant Reinvest ⚡

Month-wise Performance

Month	Trades	Profit
April 2026	6	₹28,444.34
May 2026	5	₹27,208.15

Trade History (11 Trades Only)

Buy Date	Sell Date	Qty	Buy Price	Sell Price	Profit	Return %
08-May-26	08-May-26	798	₹1,102	₹1,107	₹3,990	0.45%
08-May-26	08-May-26	798	₹1,102	₹1,106	₹3,192	0.36%
07-May-26	07-May-26	1,045	₹1,102.42	₹1,106.89	₹4,671	0.41%
05-May-26	05-May-26	489	₹1,025	₹1,040	₹7,335	1.46%
04-May-26	04-May-26	489	₹1,018.84	₹1,036	₹8,391	1.68%
30-Apr-26	30-Apr-26	175	₹994	₹999.5	₹962	0.55%
20-Apr-26	22-Apr-26	312	₹1,019.7	₹1,055.5	₹11,169	3.51%
13-Apr-26	14-Apr-26	200	₹921.25	₹961.58	₹8,066	4.38%
13-Apr-26	09-Apr-26	550	₹907	₹912	₹2,750	0.55%
09-Apr-26	09-Apr-26	550	₹907	₹912	₹2,750	0.55%
06-Apr-26	06-Apr-26	125	₹821	₹840	₹2,375	2.31%

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⚠️ Disclaimer

This is a personal tracking of my own trades and strategy implementation. Not financial advice. Investing involves risk — please do your own research.

Nice post on REITs—credit to the original author for sharing it.

I’ve mentioned Nexus Select Trust multiple times, but some still feel Indian retail malls are “dead.” It’s actually doing well and beating its benchmark 🔥

Thanks everyone for the great response on yesterday’s dividend post 🙌
Really interesting to see different investing styles and portfolios.

If you haven’t checked yesterday’s post yet, here’s the link:

Dividend Investors: Share Your Top 3 Picks + Income So Far!

Now curious about the numbers behind the journey 👀📈

Dividend Investors — share your:

• Approx Yearly Dividend Income: ₹
• Current Portfolio Dividend Yield: %
• Dividend Growth Rate (YoY): %
• YoY Dividend Income Growth: %

Optional:
• Years of investing
• Goal: Passive Income / Growth / Both

This could help motivate others, especially beginners, and show how dividend income grows over time through consistency and compounding 💰📈

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Note: Let’s avoid tax discussions here 😅
Will create a separate post for that and discuss there.

Ador Welding Ltd has announced a final dividend of ₹23 per share for FY26.

Record Date - TBA
Payment Date - TBA
Share Price - ₹1106
Dividend Yield - 2.1%
Basic EPS - ₹47
Payout Ratio - 49%

Dividend Trend -

• FY26: ₹23 (+15.0% YoY)
• FY25: ₹20 (+8.1% YoY)
• FY24: ₹18.5

Curious to see how everyone here is building their passive income 👀

• What are your Top 3 dividend stocks right now?
• And how much total dividend have you received from them so far?

Would love if you can share in this format:

Top 3 Stocks:

Total Dividends Received (approx): ₹

Optional (if you want to go deeper):

• Your average dividend yield %
• Years of holding
• Goal (income vs growth vs both)

Let’s make this a solid discussion — might help others discover some hidden gems 💎📈

📊 Key Highlights -

• Revenue: ₹518 Cr (+16% YoY)
• Net Profit: ₹17.5 Cr (+93% YoY)
• Operating Profit: ₹23.3 Cr (+~92% YoY)
• EBITDA Margin: Improving

🔥 Growth Drivers -

• Premium segment growth
• Margin expansion
• Steady volume traction

💰 Dividend Details -

• Final Dividend (FY26): ₹9/share
• Total FY26 Dividend: ₹9/share
• Record Date: July 24, 2026
• Dividend Yield: ~0.27%
• Payout Ratio: ~20%
• Payment Date: Within 30 days after AGM

📈 Dividend Growth -

• FY26: ₹9 (+125% YoY)
• FY25: ₹4 (+33% YoY)
• FY24: ₹3

📊 Additional Info -

• Share Price: ₹3380
• EPS: ₹45

Takeaway -
Strong profit growth + sharp jump in dividend after years of flat payout. Yield is still low, but signals improving cash flow and future potential.

https://preview.redd.it/eywry3tkngzg1.png?width=1920&format=png&auto=webp&s=3d12f6173cd2f3d03601d5eda50e3ecc94342862

https://preview.redd.it/s3w61hmmngzg1.png?width=1920&format=png&auto=webp&s=0c8607ce547ba0d608ad2d7184dd17da9ec22b04

📊 Key Highlights -

• Revenue: ₹12,650 Cr (+26.2% YoY)
• Net Profit: ₹1,395 Cr (+29.4% YoY)
• Sales Volume: 23.8 lakh units (+24.1% YoY)
• EBITDA Margin: 14.7% (+10 bps YoY)

🔥 Growth Drivers -

• Strong domestic demand
• Exports up 32% YoY

💰 Dividend Details -

• Final Dividend (FY26): ₹75/share
• Total FY26 Dividend: ₹185/share
• Record Date: July 24
• Dividend Yield: ~3.6%
• Payout Ratio: 70%
• Payment Date: TBA

📈 Dividend Growth -

• FY26: ₹185 (+12.1% YoY)
• FY25: ₹165 (+43.5% YoY)
• FY24: ₹115

📊 Additional Info -

• Share Price: ₹5,109
• EPS: ₹263

Takeaway -
Consistent dividend growth + strong earnings momentum. Hero looks like a solid blend of income + growth, especially with improving export traction.

The National Stock Exchange of India has recommended a final dividend of ₹35 per share (3500%) for FY26, subject to AGM approval. This includes a ₹10 special one-time dividend.

Q4 FY26 Highlights -

• Total Income: ₹5,360 Cr (+22% YoY)
• Revenue: ₹4,968 Cr (+32% YoY)
• EBITDA: ₹3,633 Cr (+30% YoY)
• EBITDA Margin: 73%
• PAT: ₹2,871 Cr (+8% YoY)
• Transaction Charges: ₹4,077 Cr (76% of income)

💡 Strong growth + high margins + dividend payout = continued cash machine performance.

This is a follow-up to my earlier post: I analyzed 151,422 dividend ex-date events across 2,344 securities. Here's what the data shows about recovery times.

Since that post the database has grown to 172,405 events across 2,383 securities. This follow-up uses the updated dataset.

The most common question from the comments was: what do I actually do with this?

Here is what the data suggests. For higher-yield holdings, especially monthly payers, consider turning off DRIP and manually reinvesting around the ex-date if you already keep cash available.

The problem with DRIP nobody talks about

When your dividend pays out your brokerage automatically reinvests it at whatever the price is on the pay date. The pay date is not the ex-date. For quarterly payers the average gap between ex-date and pay date is 15.8 days. For monthly payers it is 12.0 days.

The average recovery time after the ex-date dip is 7.6 days for quarterly payers and 8.6 days for monthly payers.

In many cases DRIP buys after the ex-date dip has already recovered. This is not a trading strategy. You are buying the same stock you were always going to buy. Just at a different time.

One important note: this only applies if you already keep cash available for reinvestment. The dividend cash does not arrive until the pay date. You are not using the dividend itself earlier. You are using idle cash you already have. This is also not a tax dodge, in taxable accounts dividends are still taxable whether taken as cash or reinvested.

What the edge is actually worth

Across 39,085 events with pay date data the average purchase-price advantage of buying on the ex-date versus waiting for DRIP is 1.15% per cycle. That compounds into a meaningful cost-basis advantage across reinvestment cycles, but it should not be confused with a full portfolio return boost. The advantage applies to the reinvested dividend dollars, not the entire position.

Monthly payers give you 12 cycles per year to capture that advantage. Quarterly payers give you 4.

Recovery by security type

Among the 125,326 events where the price actually dropped on ex-date:

Stocks: 9.2 days average, median 4 days

REITs: 9.9 days average, median 5 days

ETFs: 10.1 days average, median 5 days

CEFs: 10.5 days average, median 6 days

BDCs: 14.2 days average, median 9 days

BDCs are the hardest case. They have the largest average drop at 2.42% AND the slowest recovery. If you own BDCs and use DRIP the gap between what you pay and what a manual buyer paid is the widest of any security type.

Monthly payers by the numbers

Monthly payers typically pay out 12 days after the ex-date on average. Among the tickers in the data:

DIVO: 6.4 days average recovery across 76 cycles.

JEPI: 7.0 days across 61 cycles.

XYLD: 7.4 days across 126 cycles.

JEPQ: 8.4 days across 42 cycles.

QYLD: 9.1 days across 139 cycles.

Quarterly payers typically pay out 15.8 days after the ex-date. SCHD takes 12.0 days average recovery across 51 cycles. DGRO takes 15.1 days across 38 cycles.

When this does not work

Not every stock has a reliable ex-date dip. Some securities go up on ex-date on average because the dividend is too small relative to daily price volatility. After the market opens normal price movement takes over. Price can keep falling, recover, or rip upward for unrelated reasons. The data shows the average, individual cycles will vary.

The strategy works best on higher yield securities where the dividend is large enough to create a real measurable dip. CEFs, REITs, BDCs, and high yield ETFs are where the edge shows up most reliably.

The VIX question

High VIX environments do not slow recovery. They actually speed it up slightly. Extreme VIX shows a median recovery of 4 days versus 5 days in calm markets. The drop is much bigger in high volatility conditions averaging 3.7% versus 1.0% in calm markets. But the market corrects the mechanical dip just as fast or faster.

The risk in extreme volatility is not slow recovery. It is that the price keeps falling beyond the dividend amount for fundamental reasons unrelated to the ex-date mechanics.

How to implement this

Turn off DRIP on your higher yield monthly and quarterly payers. Keep some cash available around ex-dates. Buy on the ex-date or the day after.

Happy to answer questions on methodology or what the data shows on specific tickers in the comments.

KFin Technologies Ltd has announced a final dividend of ₹12 per share for FY26.

• Record Date: To be announced
• Share Price: ₹890
• Dividend Yield: ~1.35%
• Basic EPS: ₹20
• Payout Ratio: 60%
• Payment Date: To be announced

Dividend History:

• FY26: ₹12
• FY25: ₹7.5
• FY24: ₹5.75

Note: Dividend growth for KFINTECH has been good compared to CDSL.

Central Depository Services Ltd has recommended a final dividend of ₹12.75 per share for FY26.

Record Date - TBA
Share Price - ₹1252
Dividend Yield - 1%
Basic EPS - ₹22
Payout Ratio - 58%
Payment Date - TBA

Dividend History
FY26 - ₹12.75
FY25 - ₹12.5