Published on 21 Aug 2024 on Insider Monkey · via Yahoo Finance
Analyzing Nordic American Tankers Limited (NAT): A Top Contender Among...
We recently compiled a list of the 10 Best Dividend Stocks with Over 9% Yield According to Analysts. In this article, we are going to take a look at where Nordic American Tankers Limited (NYSE:NAT) stands against the other dividend stocks with over 9% yield.
The ongoing debate between dividend yields and dividend growth has left investors split on this strategy. Although high yields can be tempting, excessively high yields can be concerning from the start. Investors are often warned against yield traps, as extremely high yields can indicate potential financial issues within the company. Investors may require a higher return to offset the increased risk associated with the investment. According to analysts, the best dividend stocks aren’t necessarily those with the highest yields. They recommend that investors look beyond just the yield and focus on stocks with reliable dividends, purchasing these stocks when they are undervalued. Dan Lefkovitz, a strategist for Morningstar Indexes, made the following comment about extremely high yields in the firm’s recent report: