5 High Dividend Stocks with Over 12% Yield

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1. Kumba Iron Ore Limited (OTC:KIROY)

Dividend Yield: 24.36%

Number of Hedge Fund Holders: N/A

Kumba Iron Ore Limited (OTC:KIROY) is a South African iron ore mining company, headquartered in Gauteng. Kumba Iron Ore Limited (OTC:KIROY) is the fourth largest iron ore producer worldwide and the largest in Africa. With a forward dividend yield of 24.36%, Kumba Iron Ore Limited (OTC:KIROY) is one of the best high dividend stocks to invest in. 

Kumba Iron Ore Limited (OTC:KIROY) reported that performance in 2021 increased by 7% as compared to 2020, and the company expects to deliver 35% growth over the next decade at a 50% margin. 

Kumba Iron Ore Limited (OTC:KIROY) has delivered $10.3 billion in cash returns to shareholders since 2017 and $4 billion in the second half of 2021 alone, making it an attractive high dividend stock. 

On November 11, Sunday Times awarded Kumba Iron Ore Limited (OTC:KIROY) the first position in its list of the top 100 companies that earned the highest returns for their stakeholders over the past five years.

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