If you’re looking for an investment that provides regular income without the need for continuous effort or daily work, high-yield dividend stocks could be a good option for you.

What Are High-Yield Stocks?

These are stocks of companies that regularly pay investors a portion of the company's profits. Some pay dividends annually, semi-annually, quarterly, or even monthly. The average dividend yield for some of the best high-yield stocks is around 12.69%.

There are four key dates related to dividends: the declaration date, when the amount of the dividend is announced; the ex-dividend date, which is the deadline for being eligible to receive the dividend; the record date, which is the trading day after the ex-dividend date; and the payment date, when dividends are actually paid out to shareholders.

Dividend payments accounted for about 40% of the total annual return of the S&P 500. Additionally, from 1973 to 2022, S&P 500 dividend-paying stocks provided double the return of non-dividend-paying stocks.

What Are the Best High-Yield Stocks?

The best dividend stocks are not simply those with the highest yields but those with consistent and stable dividends. These stocks are often undervalued and are typically well-established companies that increase their payouts over time.

Good companies have the financial stability to maintain their dividends during uncertain economic periods. The risk of price drops is also reduced when investors can buy these stocks at a cheap price.

Here Is a List of the Top 5 High-Yield Stocks

This list considers the company’s financial and technical strength, along with its stable and growing dividend history:

• International Seaways Inc (INSW)
• Dow Inc. (DOW)
• UnitedHealth Group Incorporated (UNH)
• Broadcom Inc. (AVGO)
• Chevron Corporation (CVX)

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Best Stocks to Buy Now, Stock Forecast 2024, Best Stocks to Invest in

International Seaways, Inc. (INSW)

• PE Ratio: 4.86
• Dividend Yield: 11.42%
• ROE: 29.61%
• Payout Ratio: 55.49%

Dividends are paid quarterly, and the last ex-dividend date was September 11, 2024. The company’s dividend yield was 11.42%, paying $5.82 per share in the last year.

Dow Inc. (DOW)

• PE Ratio: 31.78
• Dividend Yield: 5.44%
• ROE: 6.25%
• Payout Ratio: 172.75%

The company’s annual earnings are about $2.80 per share, with a yield of 5.44%. Dividends are paid quarterly, and the last ex-dividend date was August 30, 2024.

UnitedHealth Group Incorporated (UNH)

• PE Ratio: 38.19
• Dividend Yield: 1.45%
• ROE: 15.58%
• Payout Ratio: 55.50%

The company’s annual dividend is $8.40 per share, with a yield of 1.45%. Dividends are paid quarterly, and the last ex-dividend date was September 16, 2024.

Broadcom Inc. (AVGO)

• PE Ratio: 148.09
• Dividend Yield: 1.30%
• ROE: 12.51%
• Payout Ratio: 193.24%

Chevron Corporation (CVX)

• PE Ratio: 14.22
• Dividend Yield: 4.55%
• ROE: 11.76%
• Payout Ratio: 64.65%

Chevron’s annual dividend is $6.52 per share, with a yield of 4.55%. Dividends are paid quarterly, and the last ex-dividend date was August 19, 2024.

Ethereum price (ETHUSD) shows more bullish bias to reinforce the expectations of continuing the bullish trend for the rest of the day, which targets 2500.00$ as a first station, noting that breaching it will push the price to visit the key resistance 2623.77$ direct.

Moving above the EMA50 supports the suggested bullish wave, which will remain valid unless breaking 2340.00$ and holding below it.

The expected trading range for today is between 2300.00$ support and 2540.00$ resistance.

Trend forecast: Bullish

Brent oil price breached 73.80$ level clearly and closed the last four hours’ candlestick above it, which supports the expectations of continuing the domination of the bullish trend in the upcoming sessions, approaching the next target at 75.24$, and we suggest breaching this level to rally towards 76.68$ as a next correctional target.

Therefore, we will continue to suggest the bullish trend for the rest of the day unless breaking 73.80$ and holding below it.

The expected trading range for today is between 72.40$ support and 75.40$ resistance.

Trend forecast: Bullish

The NZDUSD price breached 0.6228$ level again to confirm the continuation of the bullish trend domination on the intraday and short-term basis, opening the way to achieve more positive targets that reach 0.6300$ as a next station, taking into consideration that the price needs to hold above 0.6228$ as a first condition to the continuation of the bullish wave.

The expected trading range for today is between 0.6180$ support and 0.6280$ resistance

Trend forecast: Bullish