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Why is dividend yield important?
Income Focused Investors: A higher yield can indicate a good source of regular income. | Risk Indicator: A very high dividend yield might signal that a stock is risky or overvalued. Comparison Tool: It allows investors to compare returns between different stocks or other income-generating assets, like bonds.
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https://economictimes.indiatimes.com/markets/web-stories/how-to-calculate-dividend-yield-a-key-metric-for-income-investors/slideshow/120250085.cms