6 Midcap Dividend Stocks Beloved By Billionaires

  • 📰 Forbes
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Midcap stocks are the sweet spot of the stock market. Billionaire investors are showing lots of love for these six midsized dividend payers.

hether you are new to investing or a veteran of the stock market, you may have heard of the efficient market theory, which posits that all public and private information is already factored into a stock’s price and that there is no room for accumulating excess profits. It sounds like a reasonable assumption, but in the interest of historical accuracy, it must be noted that some investors have a much better track record than others, making them worthy of emulation by enterprising investors.

The biggest stocks have produced the biggest gains in 2023, but since the turn of the 21st century, the sweet spot in stocks has been right in the middle of the market. Midcaps are stocks with total market capitalization between $2 billion and $10 billion. From July 12, 2000, until July 12, 2023, the S&P Midcap 400 Index has returned 547%, trouncing the 358% total return for the large-cap S&P 500 Index.

 

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:

 /  🏆 394. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Anglo American cuts dividend after missing earnings estimatesGlobal miner Anglo American cut payouts to shareholders on Thursday after lower commodity prices and higher costs hurt its first-half earnings.
Source: Reuters - 🏆 2. / 97 Read more »

Alphabet stock jumps on earnings while Microsoft shares dip, and other stocks on the moveAlphabet, Microsoft, Dish Networks and PacWest Bancorp are among the stocks in the spotlight.
Source: MarketWatch - 🏆 3. / 97 Read more »