Macro indicators such as the expectation of falling inflation, slowing economic growth and easing commodity prices suggest a move toward dividend growers, according to Desh Peramunetilleke, the firm's global head of quantitative strategy. He also likes high-quality-yield stocks in this environment. "Consensus expects USA dividend growth to accelerate from 3.9% for 2023 to 6.2% for 2024, along with positive revisions," Peramunetilleke wrote in a note Wednesday.
This utility stock is the standout of its sector and it's raising its dividend. Here's what Wall Street says is next
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