Stocks To Buy With Very Good Dividend Yields Of 6% To 11%

It's time to look at dividend stocks, even as the year draws to a close. 2022 has been a good year for stocks and the momentum is likely to continue going forward. Here are a list of stocks that give you good dividend yields in 2022. Take a look.

REC

For FY 2022, the company declared a dividend of Rs 15.3, taking the yield on the stock to 13.6%, based on the current market price of Rs 112.50. REC is a government owned enterprise that is largely into financing of infrastructure projects. For the company's dividend yield to be attractive in the future, it should continue to maintain the same dividends as last year, which we do not think should be an issue. If you are looking for dividends this is a good stock.

Banco Products

The company declared a dividend of Rs 20, based on the current market price the dividend yield is 10.54%. Banco Products is engaged in a host of engine cooling systems including radiators, charge air coolers etc. The company also makes engine gaskets. The stock of the company was last trading at Rs 185. The performance of the company is largely based on the performance of the automotive sector.

Oracle Financial Services

This is a stock that has largely fallen as there has been a severe price damage to IT stocks. This has made the stock of the company very attractive in terms of dividends. For the year ending March 2022 Oracle Financial Services Software declared an equity dividend of 3800.00% amounting to Rs 190 per share. At the current share price of Rs 2994, the dividend yield is almost 6.35%. If Oracle Financial Services and other stocks listed above maintain the same amount of dividends that would be attractive.

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