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These Stocks Are the Dividend Kings in the QSE Right Now
2024-10-30

These Stocks Are the Dividend Kings in the QSE Right Now

When it comes to earning passive income from your investments, dividend yield is a metric investors can’t afford to ignore. 

Simply put, dividend yield shows how much a company returns to its shareholders in the form of dividends, relative to its stock price. 

A higher dividend yield often attracts income-focused investors who seek regular returns, making it a key factor when assessing a stock’s value.

Looking at the top dividend payers on the Qatar Stock Exchange (QSE), National Cement Co. (NLCS) leads the pack with an impressive dividend yield of 8.1%, followed by Doha Insurance (DOHI) at 7%, and Ahli Bank (ABQK) at 6.8%. 

Mannai Corporation (MCCS) and Barwa Real Estate (BRES) also boast strong yields, offering 6.6% and 6.5% respectively.

For investors, dividend yield not only signals a company’s financial health and profitability but also offers the benefit of receiving income in addition to any potential capital gains. 

Companies with high dividend yields, such as these five, provide an attractive opportunity for investors looking to generate a steady income stream while also enjoying the potential for growth in stock value. It’s no wonder these companies are considered the "Dividend Kings" of the QSE.

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Source: Sahmik