My friend says that suzlon gives a dividend of 3-6 rs. and tht too every quarter(3 mths). but i have checked suzlon gives 1 rs dividend on every 1 share held..tht too once a year.. Kindly confirm if you know abt this share..as I am planing to buy 2000 suzlon for long term.
Suzlon has given dividend of uptp 30 % inthe past but now it depends on the performance of the company . a dividend of rs 3 to 6 was possible when the face value was rs 10, now he shares have been subdivided and bonus shares given and now even if the company pays a dividend of 50 % , it wil still come to rs 1 per share ( whichis highly improbable )
but for capital gain u can surely buy suzlon for long term ( minimum a year or more ) u will edf get good profit from this investment