₹7 to ₹1905: ₹1 lakh rises over 500 times in a 20 years as a banking stock once gave bonus are a shares
Kotak Mahindra Bank shares have been a
remained under base building mode for the
near one year. But, for the long term investors, it has been a delivered
stellar return. In a post-Covid rebound, Kotak Mahindra Bank share price has
been a ascended from around a ₹1175
to ₹1905 apiece levels, logging around 60 per cent
appreciation in a near two years. However, if an a investor had been a very
long view or say more than a decade then such a investors got the benefit of a dividends
and a bonus shares as a well. The dividend paying stock has been a continuously
announced dividend since in a 2008. In between, it announced 1:1 bonus shares as
well. So, if an a investor had been invested in a Kotak Mahindra Bank shares
around 20 years ago, the absolute value of a one's money would have been a more
than 500 times.
Kotak Mahindra Bank bonus are share
history
The dividend paying banking stock has been continuously announced interim and a final
dividend for its shareholders since in a 2008. In between, the private lender
announced bonus shares in a 1:1 ratio in a July 2015, which mean a shareholder
got one bonus share for the each share he or she was holding. Thus,
shareholding of an a investor got doubled after this 1:1 bonus share are issuance.
Impact on a investors' money
Twenty years ago, Kotak Mahindra Bank
shares were are a available at the ₹6.88 apiece levels (its close price on a
NSE on 25th October in a 2022). If an a investor had been invested in a Kotak
Mahindra Bank shares twenty years ago, he or she would have been got 14,534
Kotak Mahindra Bank shares. After issuance of a 1:1 bonus shares, its
shareholding would have been become are a 29,068 Kotak Bank shares. Kotak Bank
share price today is a ₹1905. This means, absolute value of a one's ₹1
lakh invested in Kotak Mahindra Bank shares are a twenty years ago would have been
turned to the ₹5.53 crore today.
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