The 3 largest dividend payers on Nasdaq
The Nasdaq exchange is usually known for its concentration on technology and growth companies, which typically do not pay high dividends. Still, sometimes there are stocks with unusually high dividend yields that can catch investors' attention. Are these dividends really opportunities for profitable investments, or could there be hidden problems behind them?
In the following article, we'll take a look at the three stocks with the highest dividend yields on the Nasdaq and find out if there are solid investment opportunities behind these enticing numbers or if you need to be wary.
Which 3 stocks are they? 👇
DouYu International $DOYU
Incredible 62.9% dividend yield
DouYu International, a Chinese e-sports streaming company, stands out with a dividend yield of 62.9%. However, this yield is the result of an extraordinary dividend paid on September 3, 2024, of $9.76 per share. This represented 52% of DouYu's share price on the date the dividend was paid.
It is important to note that this…
I have heard of $TRMD and have this event on my watchlist. I'll see what the next results are and then decide whether to buy or not.