If you are investing for the long term, then picking stocks with higher dividend yield not only helps you reduce the cost of acquisition but earn some extra income as well. Regular dividend payout helps to reduce the cost of acquisition for investors, as well as magnify the total return on the investment.
Usually, the higher the dividend yield, the more attractive a stock is for investors. So, let’s take a look at the 10 biggest companies with over 5% dividend yield.
This post originally appeared at 24/7 Wall St.