In the unpredictable world of stock market investments, investors are often confused between being bullish or bearish. While some believe in the potential of high-growth stocks, others prefer the stability of high-dividend yielding stocks. In recent times, with the increasing uncertainty and volatility of the markets, the latter option has become increasingly popular.
High-dividend yielding stocks offer a more predictable and steady return on investment as compared to their counterparts. These stocks belong to companies that have a strong cash flow, stable business operations, and a consistent track record of paying dividends to shareholders. Investors looking for a regular source of income through their investments can benefit greatly from such stocks.
Here are 4 high-dividend yielding stocks with a yield of more than 7.66%:
- Vodafone Idea Limited (VODA) With a current dividend yield of 14.61%, Vodafone Idea Limited is a leading telecommunications company in India. Despite facing financial troubles in recent times, the company has been able to maintain its dividend payouts, making it an attractive option for income investors.
- SJVN Limited (SJVN) SJVN Limited is a power generation company that has been consistently paying dividends to its shareholders. With a current dividend yield of 7.89%, the company is a stable option for investors looking for high-dividend yielding stocks.
- Power Finance Corporation Limited (PFC) Power Finance Corporation Limited is a government-owned financial institution that provides funding for power sector projects in India. With a current dividend yield of 8.01%, the company has been able to maintain its dividend payouts despite the challenges faced by the power sector in recent times.
- Steel Authority of India Limited (SAIL) Steel Authority of India Limited is a leading steel producing company in India. With a current dividend yield of 7.66%, the company has been able to maintain its dividend payouts despite the fluctuations in the steel industry.
While high-dividend yielding stocks offer a more stable return on investment, it is important to note that they may not provide the same potential for capital appreciation as high-growth stocks. Investors looking to balance their portfolio can consider a mix of both types of stocks to optimize their returns.
In conclusion, with the unpredictable nature of the stock market, high-dividend yielding stocks may provide a safer and more predictable source of income for investors. The above-mentioned stocks offer a current dividend yield of more than 7.66% and can be considered by income investors looking for stable returns on their investments.
