Investors on the prowl for income-generating stocks to add to their portfolios might find solace in the trinity of companies exhibiting both robust financials and appealing profitability. These stalwarts feature promising dividend payouts, making them ripe for consideration on this fine September 17th:
China Coal Energy: A Beacon of Income Stability
The mantle of China Coal Energy, with its array of coal-centric services, shines brightly in the realm of financial markets. Over the past 60 days, estimates for its annual earnings have soared by 3.6%, a testament to its enduring resilience. Sporting a Zacks Rank #1 (Strong Buy) badge, the company boasts a generous dividend yield of 7.3%, dwarfing the industry norm of 3.4%.
Banco De Chile: A Financial Fortress in the Making
Another worthy contender, Banco De Chile, has been making waves in the banking landscape in Chile. Recent reports show a striking surge of 10.2% in the consensus estimate for its yearly earnings, showcasing its unwavering momentum. This financial juggernaut, also graced with a Zacks Rank #1, offers investors a dividend yield of 4.9%, surpassing the sector’s average of 3.8%.
SK Telecom Co.: A Technological Trailblazer
Lastly, SK Telecom Co. embodies technological innovation as the pioneer of commercial CDMA digital cellular service. Emerging as a strong contender, the company has witnessed a substantial 7.5% surge in annual earnings estimates in the past 60 days. Not to be outdone, the organization, boasting a Zacks Rank #1, presents a healthy dividend yield of 4.4%, well above the industry average of 1.9%.
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The sentiments conveyed here are those of the author and may not necessarily align with Nasdaq, Inc.’s viewpoint.