3 Promising High Yield Dividend Shares Close to 52-Week Lows
Sometimes it makes sense to observe shares that have reached new lows. The background is to detect a possible turnaround. If the company pays stable dividends, it could increase the expected total return for an investor.
I screened the capital market by stocks with a dividend yield of more than 5 percent (high yields) that are traded close to 52-week lows (up to 5 percent). The result was dominated of 52 companies, of which the most were small and micro caps. To exclude risks by this investment category, I screened stocks with a market capitalization of more than $2 billion. Finally, I sorted the list by highest dividend yield. As a result, I had eight interesting stocks.
Here are my three most promising stocks from our screening results.
1. Veolia Environnement S.A. (VE)
acts within the waste management industry. The company has a market capitalization of $11.6 billion, generates revenues... Read more