Stock Market is full of example where your wealth multiplied by stocks with the passage of time. Wipro is one of them. Before study the case we need to know few things about Wipro:
Suppose you have purchase the stock in 1990 at 10 Rupees and bought 100 Shares. Wipro is giving bonus to its shareholder and quantity of the share increasing with passage of time.
After investment in Wipro you have hold the share like other assets and didn’t sell till 27 years ( 2017)
Bonus Details of the Wipro :
1990: 100 shares
1992: 200 shares (1:1 bonus on 12-08-1992)
1995: 400 shares (1:1 bonus on 24-02-1995)
1997: 1,200 shares (2:1 bonus on 20-10-1997)
1999: 6,000 shares (5:1 split on 27-09-1999)
2004: 18,000 shares (2:1 bonus on 25-06-2004)
2005: 36,000 shares (1:1 bonus on 22-08-2005)
2010: 60,000 shares (2:3 bonus on 15-06-2010)
2017: 1,20,000 shares (1:1 bonus on 13-06-2017)
Note : Finally 100 Wipro Share has been converted 120000 at the end of 2017
Value appreciated at the end of 2017
Total no. of Share : 120000
Price as on 29th Dec 2017 : 320
Total Value : 120000*320 = 3.84 Crore
Dividend is also a Tax free income up to 10 lakh per year :
Now hope you are clear about Why to invest in to Stock Market :
We are also giving few more reason to think :
- Liquidity
- Flexibility of amounts invested
- Operated under high level of regulatory framework to safeguard investor rights
- Technology based Investment
- High return
- Capital growth
- Dividend
Annual dividend per share by WIPRO for last 4 years–
- 2014: Rs 8.00
- 2015: Rs 12.00
- 2016: Rs 6.00
- 2017: Rs 4.00
Note : Please don’t forgot you have 1.20 lakh share of Wipro and you are getting dividend accordingly.
