The Indian market has been flat in the last week but is up 41% over the past year, with earnings expected to grow by 17% per annum over the next few years. In this promising environment, dividend stocks can offer a stable income stream and potential for capital appreciation, making them an attractive option for investors seeking reliable returns.
(Bloomberg) -- Coal India Ltd. is planning to invest about 670 billion rupees ($8 billion) to build coal-fired power plants close to its mines, signaling the fast-growing economy will remain reliant on the fossil fuel for decades to come.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisChicago Halts Hiring as Deficit Tops $1 Billion Through 2025World's Second Tallest Tower Spurs Debate About Who Needs ItUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusT
The Indian market has shown impressive momentum, climbing 1.7% in the last 7 days and achieving a remarkable 46% gain over the past year, with earnings forecasted to grow by 17% annually. In this thriving environment, high-yield dividend stocks like Coal India and two others can offer investors a reliable income stream while benefiting from the market's robust performance.