Dividend Stocks to Count on in 2020

by John Smith Stock Market Investor

Dividend is not a fixed income, but generally, investors rely on it as a source of income as the companies pay dividend from time to time.When somebody buys a share of the company, he or she becomes eligible for the dividend payments. Some market participants decide to purchase stocks for the purpose of capital appreciation and some investors invest only to take dividends.

Due to the ambiguity surrounding the blows of Coronavirus and related risks, several companies have opted to stop their dividend payments till issues get resolved. And in countries like New Zealand, where dividend stocks have always been considered as an attractive investment, it has become difficult for the investors to select the right stocks for their portfolio.

Lets have a look at some of the top trending dividend paying stocks in NZX Market:
Heartland Group Holdings Limited (NZX: HGH)
Contact Energy Limited (NZX: CEN)
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