Invest in High Dividend Yield Stocks for safe and steady returns
A tool by which you can measure your returns from a stock, dividend yield is calculated by dividing annual dividend payout by the share price. In the current market environment, several large-caps are available cheap, and hence dividend yields will be high in the long run. What adds extra sweetness in going for dividend yield stocks is that they are tax-free.
Given the prevailing uncertain market conditions, it would be a smart move to invest in safe and top dividend paying stocks. Stocks that pay regular dividends become the favorite of average investors during the tough times as they are considered as a hedge against unpredictable markets.
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