eToro Puts Stocks with 6% Dividends in Limelight

eToro Puts Stocks with 6% Dividends in Limelight

With the help of one of their many successful traders, eToro has helped users discover some stocks that they offer that promise dividends of 6% of more.

The stocks in question were compiled by a trader known as kt-trader who hails from Pakistan. Kt-trader alongside being a top investor is also a software provider and it mainly via tech he operates within.

The detailed posts that eToro shared to their Twitter page and which was penned by kt-trader explains that Covid-19 caused many companies to slash their dividends to conserve cash. Despite this, eToro had steered them towards, “dividend stocks that offer investors yields ranging from 6% to just over 9%. Not to mention the upside potential of between 10% and 25%.”

The two stocks that were highlighted by kt-trader were the telecom giant, AT&T, and petroleum provider, Enterprise Products Partners. These provide investors yields that are valued at a healthy 6.72% and a generous 9.15% respectively, while the upside potential is at 55% for the former and 25% for the latter. The post also explains their performance over the last few months to help elaborate on why this is currently the case for both of the assets.

You can read the post in full or begin investing in these stocks right now at eToro.

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