Wall St Week Ahead Investors eye high-dividend stocks as Treasury yields languish

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Expectations that Treasury yields may stay tame in the second half of the year are pushing some investors to take a second look at companies whose dividend payouts beat those offered on U.S. government bonds.

said on June 28 they were hiking their payouts after they passed the Fed's stress tests, which evaluate how companies would fare in a significant economic downturn. Overall, the total buy-back and dividend payouts from financial companies will likely top $130 billion, according to analyst estimates., which suspended its dividend last year but said in April that it expects to reinstate it by the end of 2021.

Investors may get a deeper glimpse at the Federal Reserve's views on inflation when the minutes from its most recent meeting are released Wednesday, while the ISM reading of service industry activity is set to be released on Tuesday. The index hit a record high in May as the economy recovery accelerated.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Glendale company that's wowing Wall StreetIn its IPO on the Nasdaq on Wednesday, Glendale-based LegalZoom debuted at $38 a share, rocketing the company's valuation to more than $6 billion.
Source: latimes - 🏆 11. / 82 Read more »