How much PFC stock you need for 5K dividend income per yer?

Let us assume that the average annual dividend paid by Power Finance Corporation (PFC) over the last three years is ₹10 per share. With that assumption, here's how we can calculate the number of shares needed to generate a dividend income of ₹5,000 per year.

Required Number of Shares = Desired Annual Dividend / Dividend Per Share

Plugging in our assumed values, we get:

Required Number of Shares = ₹5,000 / ₹10

Required Number of Shares = 500

Therefore, you would need to own 500 shares of PFC to generate a dividend income of ₹5,000 per year, assuming the dividend per share remains constant at ₹10.

Please note that this is merely an illustrative example based on historical averages and assumptions, and the actual dividend amounts paid by PFC may differ in future periods. Investing in individual stocks carries inherent risks, and it is important to carefully assess these risks and seek guidance from a qualified financial professional before making any investment decisions. Building a diversified portfolio that includes exposure to multiple asset classes and sectors is often considered a sound investment approach.