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Dividend Play and PSU re-rating

A lot of talk about PSU companies' high dividend yield and possible re rating-in the future. A lot of them are at inflection points! Which ones to pick?



A thread of Pivots and Medians!

Pivoting around 120 since 2016. Double bottom at 80. Cup and Handle BO last week.

Dividend Yield 4.4%
CMP - 125 (52w High)

Disc. - I bought at 114


Pivoting around 120 since 2012!!!
Double bottom in 2019 at 110
Taking support at ascending trendline giving a low risk entry now.

Dividend Yield - 5.3%
CMP - 114.7
52w Low - 106.6


Pivoting around 140 since 2010!!!
Value Zone - 80 / 200

Another low risk entry candidate because of the ascending trendline support

Dividend Yield - 8% ?? (Damn!)
CMP - 137


Pivoting around 110 since 2008!!!
Value Zone - 50 / 170

Low risk entry with CMP just above Median.

Note - Looks like PFC didn't pay dividends last year


Broke the 8 year Value Zone in 2019.
Trading inside an ascending channel / bear flag now.
Not an immediate entry, will have to wait for clear direction.

Dividend Yield - 6.5%
CMP - 200
52w Low - 178


Pivoting around 120 since 2011!!!
Hugging the median for last few weeks

Dividend Yield - 3%
More of a re-rating and value play. GAIL owns IGL and MGL which are making 52w Highs.
CMP - 119.55
52w Low - 110


Pivoting around 23 since 2011!!!
Trading inside a triangle. Potential BO.

Dividend Yield - 6%
CMP - 24.25
52w Low - 21, Median - 23 Image

Pivoting around 220 since 2010!!!
CMP at the bottom of the Value Zone. Bearish.

Dividend Yield - 6.7%
CMP - 151
52w Low - 140 Image

Pivoting around 180 since 2007!!!
Trading at the bottom of the Value Zone 120 / 240. Bearish.

Dividend Yield - 5.6%
CMP - 125
52w Low - 115.5
2008 Low - 90 Image
Other PSU stocks:


Will continue thread soon.

A basket of 10 - 12 Dividend Play stocks with a right entry will give very good returns!

Note - Yields based on past payouts. Not a given that you will receive same dividends in the future.
Dividend History 2015 - 2019 Image

Available at 2008 Low price
CMP - 52. 5
52w Low - 46
2008 Low - 45 (14% from CMP)

Every time it hit 45 levels since 2006, it has bounced!

Dividend Yield - 8.3% !!! Image

Pivoting around 27 since 2010!!! Bearish at CMP.

Will think of entering only on a monthly close above 27.

Dividend Yield - 8.5% !!! Image

Pivoting around 80 since 2000!!!
Value Zone - 30 / 130
Bearish. Can buy on weekly close above 50

Dividend Yield - 13.6!!!
CMP - 41.5
52w Low - 37 Image
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