The dividend yield of a stock is the ratio of the share price and the dividend paid over the past twelve months. In general, stocks with high dividend yields are perceived to be safer than stocks with low dividend yields. Along with providing consistent income, such stocks in defensive sectors could prove less volatile even during economic downturns.
Also, companies with high dividend yields usually have substantial amounts of cash, and thus, are considered to have good long-term prospects. Let’s take a look at the 10 biggest energy companies with very high dividend yields.
This post appeared at 24/7 Wall St.