How many stocks of Bhansali Engineering one has to buy for 5000 Rs dividend?

To determine how many stocks of Bhansali Engineering you need to buy to receive ₹5,000 in dividends, we need to calculate the total dividend per share based on the provided information and then divide the desired dividend amount by the dividend per share.

Given:

• Stock price: ₹93.95
• Dividend schedule:
  • 21 Jun, 2024: Final dividend of ₹1.00
  • 07 Feb, 2024: Interim dividend of ₹1.00
  • 02 Nov, 2023: Interim dividend of ₹1.00
  • 25 Jul, 2023: Interim dividend of ₹1.00
  • 09 Jun, 2023: Final dividend of ₹1.00

To calculate the total dividend per share, we need to sum up all the dividends for the given period:
Total dividend per share = ₹1.00 + ₹1.00 + ₹1.00 + ₹1.00 + ₹1.00 = ₹5.00

Now, to find the number of shares needed to receive ₹5,000 in dividends, we divide the desired dividend amount by the dividend per share:

Number of shares required = Desired dividend amount / Dividend per share
Number of shares required = ₹5,000 / ₹5.00 = 1,000 shares

Therefore, you need to buy 1,000 shares of Bhansali Engineering at ₹93.95 per share to receive ₹5,000 in dividends for the given period.

The total investment required would be:
Total investment = Number of shares × Stock price
Total investment = 1,000 × ₹93.95 = ₹93,950

Please note that this calculation assumes you hold the shares throughout the entire dividend period and does not account for any potential changes in the dividend policy or stock price.