The year 2022 has been a rollercoaster for traders as of now. The high volatility and the market’s high-ranging stocks affect investors’ stock prices. So they need to look for the best Stock to buy.
It is essential to have the best stocks that produce good returns. So here we have the best stocks to buy in September 2022:
Best Stocks of September
The months of July, August, and September are dividend declaring. Several companies announce such benefits for their stockholders and attract many others.
Below we have the best Stock to buy in September 2022 that can give high dividends. Thus, the chances of earning can improve for traders with the stocks.
LIC Housing Finance
LIC Housing Finance is a famous company in India. The company has a good number of shares in the market. Recently it announced a dividend of Rs. 425% on the shares.
The stock dividend is an excellent way to earn money from the stock market. For example, the face value of a LIC share is Rs.2, so the dividend for the same will be Rs. 8.5 per share.
Agnico Eagle Mines
Agnico Eagle Mines is the largest gold mining company. It holds a good market capitalisation of $22.8 billion and a dividend yield of 3.1%. Traders can invest in the shares to have good growth share investment.
Banco products company announces 1000% dividend to the traders. In September 2022, traders can earn from the shares. It is one of the top companies in engine cooling systems.
Gulf Oil Lubricants
The company has a consistent track record in announcing dividends. Traders can expect a 250% dividend in September, which also has good quarterly numbers. It is a petroleum company and has good market revenue.
Pioneer Natural Resources
The market value of the company is $55.7 billion. The company is massive, with the largest acres in West Texas. Traders can expect a dividend yield of 5.4% from the company.
Also, it is a good growth stock investment for traders in September 2022.