Below is the performance of the Nifty Fifty as published on September 28, 1953 by Barron’s covering data from June 29, 1953 to June 28, 1954:
In the period from June 29, 1953 to June 28, 1954, the Dow Jones Industrial Average increased +25.32% compared to the overall change of +17.37% in the Nifty Fifty. The breakdown of the data based on dividend yield, price-to-earnings ratios, and dividend payout ratio.
The best gain was achieved by the top three stocks in the High Payout category with an increase of +22.99%. On average, best performing group was the High P/E, however, no grouping managed to beat the performance of the Dow Jones Industrial Average.
Note:
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Rank is determined by 58 closed-end funds and over 100 open-end investment companies and their holdings. Rank number 1 means the stock is held by the most investment companies on a dollar value basis.
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Johnston, Paul A. “With the Investor’s Investor: Tobacco Stocks Join List of ‘Favorite Fifty’ Group.” Barron's. September 28, 1953. page 31.
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Aigeltinger & Co.
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Sydney G. Vickers.
See also: