High dividend investing - Top 5 high dividend yield ASX stocks
High dividend investing is a popular strategy as it is a way for investors to receive an income from their investments.
However, going for the highest dividend yield can be a source of risk if you don't investigate the company you are choosing to trade in.
In some cases, a high dividend yield can indicate a company in distress, and the yield is high due to the shares falling from financial troubles.
If you are interested in which shares are paying the highest dividends at the moment, here are the top 5 ASX shares with the highest dividend yields - but be sure to do your research!
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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EvanderAU : Has anyone taught me how to play high dividend.
Lysander : The higher the risk, the greater the reward.
Wealthy Leio : Yes there sure is, see your bank/broker to explain to you.
Peterson111 : Here comes the money.
Liam Mitchell : Hopefully someone will take me on as well.