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Illustration by Elias Stein Text size Altria Group , maker of Marlboros and the largest U.S. cigarette company, has long viewed its dividend as the best way to return capital to investors. The approach is popular with its income-oriented retail base—an estimated 40% of shareholders, more than double the S&P 500 average. Altria has raised … Read more
Markets Stocks Just 34 stocks in the S&P 500 have a dividend yield above that on the six-month Treasury bill
Text size Prudential Financial increased its quarterly payout by 4% to $1.25 a share. Jason Alden/Bloomberg Prudential Financial, Phillips 66 , Tractor Supply , and Interpublic were among the various large companies that announced dividend increases this week. It continues to be a busy period for such moves as companies report their latest financial results. … Read more
The Biden administration’s new stock buyback tax will have little impact on the overall stock market. It might even actually help it. I’m referring to the new 1% excise tax on share repurchases that went into effect on Jan. 1. This tax has set off alarm bells in some corners of Wall Street, on the … Read more
Kroger is the top U.S. supermarket operator by sales. Photo: elijah nouvelage/Agence France-Presse/Getty Images Updated Dec. 10, 2022 3:16 pm ET A Washington state judge on Friday extended a temporary restraining order blocking a $4 billion dividend that Albertsons ACI -0.88% Cos. planned to pay its shareholders amid its plans to be bought by Kroger … Read more
Warning signs are flashing that the global economy is headed for a recession. On Tuesday, Goldman Sachs CEO David Solomon said he expects the economy to fall into a recession in the coming months, while JPMorgan Chase CEO Jamie Dimon warned that stubbornly high inflation could trigger a recession next year as consumer spending dries … Read more
With the market turmoil raging on, the majority of Wall Street investors are now favoring dividend-paying stocks and value names into the end of the year, according to the new CNBC Delivering Alpha investor survey. The S & P 500 hit a new bear market low on Monday, taking out its prior low in June … Read more
Dividend stocks are facing stiffer competition, thanks to a big spike in bond yields. A risk-free 10-Year Treasury note was recently yielding 3.7%, up from 1.63% at the start of 2021. That’s well above the S&P 500 index’s dividend yield of 1.76%, making bonds more attractive for income investors. But this isn’t the time to … Read more