Viewpoint: Explore the Charm of High Dividends and Start Investment Journey

Moomoo News MY wrote a column · Dec 4, 2024 17:06

Choosing between high-dividend stocks or growth companies?

Investing for steady income or aiming for greater profit potential?

Have you ever been troubled by this problem? In fact, the two are not in conflict. From an asset allocation perspective, trading in high-growth companies while holding high-dividend stocks can effectively manage risk.

For instance, if you’re bullish on data center development and invested in $YTLPOWR (6742.MY)$ this year, but the company has incurred foreign exchange losses with limited profits so far, holding high-dividend stocks can help balance your overall portfolio performance.

If your investment goal is to achieve stable returns or you don’t have much time to monitor the market and prefer not to engage in frequent trading, high-dividend stocks are undoubtedly a top choice. Selecting fundamentally sound companies can lead to a dual benefit of dividends plus capital appreciation!

Here’s a snapshot of the top 30 Malaysia companies by market cap, highlighting those with the best dividend yields:

Viewpoint: Explore the Charm of High Dividends and Start Investment Journey

The banking sector stands out as the king of dividends, offering excellent returns this year. $CIMB (1023.MY)$, for example, boasts a 4.6% dividend yield along with a 50% annual stock price increase. Are you one of its holders?

In other sectors, $SIME (4197.MY)$ offers an impressive 5.73% dividend yield and achieves a 23.81% dividend growth rate. High-dividend stocks aren't confined to just the banking sector.

Do you have a deeper understanding of investing in high-dividend stocks now? What else would you like to know? Feel free to comment and let us know! Vote for your favorite high-dividend stock (multiple choices allowed).

Interested in how to check a company’s dividends? Simply visit the individual stock quote page, click on Company, and select the Dividends tab for detailed information.

You can also click on the image to go directly to Dividend Ratings>>