The highest-yielding stocks may be some of the worst investments – (NOK, T, VOD, FTR, MBT)
Do you know dividend yield is a trouble-free method to compare various dividend-paying stocks? It reflects that an investor strongly believe in buying yield stock. This helps us to perform a comparison between other investments such as bonds, certificates of deposit, etc. A very high dividend yield can be seen as a stock that is low tariff, it guarantees more but may deliver little. Some of the highest-yielding stocks available on the market are more likely be some of the worst investments.
Dividend yield reveals how much income receives with respect to the price of the stock. Buying stocks with a high dividend yield could become a good source of income. Dividend yield generally is a financial ratio that determines how a company makes the dividend payments at the completion of the year and it is certainly relative to the price of the company’s shares. Let’s have a look at 5 technology stocks that have high not very high dividend yields.
Nokia Corporation (ADR) (NYSE:NOK) has an annual dividend of $0.25 while keeping its dividend yield at 9.87%. Shares of NOK have been trading in the range of $1.63 – $7.20 in last 52 weeks. NOK provides telecommunications infrastructure hardware, software, and services worldwide.
AT&T Inc. (NYSE:T) together with its subsidiaries, provides telecommunications services to consumers, businesses, and other providers worldwide. AT&T Inc. pays a dividend of $1.76 annually. The stock has an annual dividend yield of 5.08% and maintains a dividend payout ratio of 230.87%. Shares of AT&T Inc. have been floating in the range of $27.41 – $38.58 in the last 52 weeks.
Vodafone Group Plc (ADR) (NASDAQ:VOD) annual dividend yield stands at 5.42% and maintains a dividend payout ratio of 96.98%. The stock has a dividend of $1.48annually. VOD shares traded in the range of $25.63 – $30.07 in the last 52 weeks. VOD provides mobile telecommunication services worldwide.
Frontier Communications Corp. (NASDAQ:FTR) provides communications services for residential and business customers in the United States. Frontier Communications Corp pays a dividend of $0.40 annually. The company has an annual dividend yield of 8.44% and has a dividend payout ratio at 550.28%. Shares of FTR have been floating in the range of $3.06 – $6.40 in the last 52 weeks.
Mobile TeleSystems OJSC (ADR) (NYSE:MBT) shares have been trading in the range of $13.27 – $20.11 in the last 52 weeks. The company pays a dividend of $1.05 annually. The stock maintains an annual dividend yield of 6.24%. MBT together with its subsidiaries, provides telecommunications services primarily in the Russian Federation, Ukraine, Uzbekistan, Armenia, and Belarus.
Disclosure: Opinions expressed in this article are those of the authors alone who have no stake in any stocks mentioned, and did not plan to acquire any stake within the next 72 hours.
