"Jefferies Recommends 2 Dividend Stocks for 8% Yield"
Investment bank Jefferies suggests high-yield dividend stocks as sound choices given current market conditions, with analyst Omar Nokta tagging DHT Holdings and Frontline as buys, both offering up to 8% dividend yield. DHT Holdings, a tanker company, operates a fleet of modern VLCCs and recently reported a 15.7% increase in dividend payment, yielding 8%. Frontline, one of the world’s largest tanker companies, saw a 23% increase in dividend payment and offers a 6.4% yield. Both stocks have earned Strong Buy consensus ratings and are expected to see potential one-year upsides of around 20-30%.