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Somebody's absolutely *gobbling up* dividend stocks.
The S&P 500 Dividend Aristocrats, the highest dividend payers in $SPX, are up 12.9% month-to-date, heading for their best month since December 1991.
The S&P 500 Dividend Aristocrats, the highest dividend payers in $SPX, are up 12.9% month-to-date, heading for their best month since December 1991.
Why? Looks like it’s just a by-product of energy, materials, and industrials stocks outperforming.
But I’d be crazy not to point out the 2.6% average dividend yield of these stocks, which is about 1.8 percentage points higher than the 10-year Treasury yield right now.
But I’d be crazy not to point out the 2.6% average dividend yield of these stocks, which is about 1.8 percentage points higher than the 10-year Treasury yield right now.
Dividends are payments that some companies pay out just because you own the stock, btw. Not many companies do, and the ones that do tend to be the older, stodgy, steady stocks.
It’s a good month when you’re getting paid for getting paid
It’s a good month when you’re getting paid for getting paid
