These Mega-Dividends Shell Out Up To 19% … But Are They Safe?

From Nasdaq, Inc.:

While double-digit dividend stocks may seem like a great way to retire on dividends, many of them are “cheap for a reason” and may not be a stable investment. However, there are some underappreciated 10%+ yields to consider, including Equinor, Berry Corp., CVR Energy, and Petrobras, all of which offer inconsistent dividends. Chinese fintech stocks, LexinFintech Holdings and Lufax Holdings, also offer high yields, but with extremely volatile stock prices and little else to offer. Shipping stocks, like Diana Shipping, and telecom company Vodafone Group also offer double-digit dividends, but come with their own set of risks, including volatile profits and potential dividend cuts.



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