High-Quality Dividend Stocks Are on Sale. Now Is the Time to Buy.

stocks with steadily growing dividends—market favorites in recent years—haven’t been getting much respect lately. It may be time to give them another look.

Rising bond yields have also hurt, offering income hunters a clear alternative. After a decade of depressed levels, bond yields have risen nicely. The Federal Open Market Committee has aggressively raised short-term interest rates since March of 2022, pushing up yields as it battles inflation. Lerner also points to weakness in “parts of healthcare and utilities—the so-called bond proxies.” The healthcare sector has returned about minus 2%, and utilities are off by about 11% year to date.

“The bulk of performance has really been driven by a very small handful of stocks,” says Erin Browne, a portfolio manager at Pimco.

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.

Turn to these stocks for high dividend growth and free cash flow yield, Wolfe saysPlay defense with dividend strategies, the firm says.
Source: CNBC - 🏆 12. / 72 Read more »

These four Dow stocks take top prizes for dividend growthThere is a correlation between a high rate of dividend growth and excellent returns among stocks in the Dow Jones Industrial Average.
Source: MarketWatch - 🏆 3. / 97 Read more »

Japanese stocks climb for eighth day as Hong Kong stocks hold steadyAsia-Pacific stocks increased Wednesday, Sept. 6, with the Japanese market showing an eighth day of increases and shares in Hong Kong declining for the...
Source: MarketWatch - 🏆 3. / 97 Read more »

5 Standout Energy Stocks Worth Buying as Oil Prices Surge to 2023 HighStocks Analysis by Investing.com (Jesse Cohen) covering: Dow Jones Industrial Average, Occidental Petroleum Corporation, Devon Energy Corporation, Valero Energy Corporation. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »