Business

4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years

By Dan Neff

The dividend yield, which is high enough to beat the current fixed deposit interest rate offered by the leading banks, has been considered for shortlisting of stocks.

Synopsis

High dividend yielding stocks are not something which interests most investors. Everyone is looking for capital gains. However, there are many advantages to having high-dividend-yielding stocks in one’s portfolio. For the purpose of this report, we had kept the dividend yield of at least 5 percent as a benchmark. Another condition was that the company should have a track record of paying dividends, on a consistent basis, for at least 7 years.

Passive income and stock markets may appear to be opposites. However, there are times when opportunities do arise when stocks are available at prices when their dividend yield is good. Dividend payment is not only a function of how much money a company is making but also a sort of habit of the management or its intent. There are many companies which are sitting on huge cash piles but their dividend-payout ratio is low. So, paying a continuous

BY

Shakul Gupta

ETMarkets.com

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Dan Neff