If you had a list of the most “despised” income investments in the world, India would sit near the top. The country’s economy has started to slow after years of breakneck growth. Combined with a strong U.S. dollar, Wall Street’s interest in the subcontinent has drifted elsewhere. Today’s indicator highlights just how far Indian stocks have fallen out of favor. Here’s the thing: years of underperformance have left Indian equities trading at bargain prices. This has set the country’s stock market up for an explosive stock market rally. And for dividend hunters, this means it’s possible to find safe income investments paying double-digit yields.
Today, investors hate India. Analysts once hailed the country as the greatest opportunity of the 21st century. But with growth slowing, Wall Street’s interest in India just hit a multi-year low. You can see how bad the situation has become with a little-known income investment called The India Fund, Inc. (NYSE:IFN). IFN is a closed-end fund with around $611.5 million in assets as of this writing. The fund provides an easy way for people to invest in India. You don’t have to open a foreign bank account or travel to the other side of the world. With a few clicks, you own some of the country’s largest, most profitable businesses.
Source: Income Investors
Related Articles:
- 5 Dividend Stocks Beating the S&P With Positive Returns In Excess of 50% YTD
- Income Annuities vs. Dividend Stocks
- 5 Tech Stocks With A History of Growing Their Dividends
- How To Manage Your Dividend Portfolio In A Downturn
- Where To Find Great Dividend Stocks
This Income Investment Now Yields 15%
Posted by D4L | Thursday, November 14, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
A select group of monthly dividend stocks pays dividends at a rate of 10% or higher. Those are the ones on this list. Investors should be aw...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
How high is too high when it comes to dividend stocks? Of course, every income investor wants as much yield as possible. However, they also ...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
-
While there’s nothing quite as exciting as betting everything on a hot growth enterprise, prudent investors may want to consider the best di...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.