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
-
If you're looking for income, turning to your investment portfolio is a natural choice. Lately, that's been a tough assignment, beca...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
All seven equities on this list have dividend yields above 13%, but the highest one yields nearly 27%! In addition, each equity has a positi...
-
Dividend-payng semiconductor stocks to buy during a computer chip shortage for electric vehicles (EV), smartphones and other technology prod...
-
Investors in retirement may desire additional income. Those who don’t have a pension are likely relying on Social Security, and their retire...
-
Dividend safety is especially important when stock prices are falling. Many companies cut their dividend payouts in 2020 during the coronavi...
-
Sometimes, stocks are a bargain because the company's prospects are being overlooked, and sometimes, it's just the result of a broad...
-
Investing in dividend-paying stocks is a good way to generate fairly reliable income. However, that strategy doesn't necessarily mean yo...
-
The four dividend-paying retail technology stocks to buy towered over the rest at a BoA Global Research Consumer & Retail Technology C...
-
Why do REIT’s have high payout ratios? Investors looking to invest in real estate investment trusts (REITs) may be intimidated by payout rat...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.