Morgan Stanley says these stocks could follow Meta and Alphabet in announcing a dividend

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 72%

Investment Strategy Nieuws

Stock Markets,Paypal Holdings Inc,Palo Alto Networks Inc

Alphabet and Meta Platforms are among the most recent high-profile names to initiate a dividend to give back to shareholders.

The dividend stock club could soon get new members, according to Morgan Stanley. "Committing to a consistent dividend sends a positive signal to the market, conveys management's confidence in the business, and opens the stock up to income oriented investors," wrote analyst Todd Castagno, adding that a dividend "conveys a hopeful future," while also offering a steady income and luring passive and income investors.

To find some of the potential dividend-initiating candidates, Morgan Stanley looked for stocks with a market cap exceeding $35 billion, a strong net cash position and a free cash flow yield exceeding 3%. Here are some of the companies that made the list: Several popular technology and companies made the list, including PayPal and Palo Alto Networks . The stocks are up 5% and 0.3%, respectively this year. Expedia Group holds the most significant free cash flow yield of the group at 12.6%.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Morgan Stanley earnings beat lifts stockMorgan Stanley earnings beat lifts stock
Bron: Investingcom - 🏆 450. / 53 Lees verder »

10 things to watch in the stock market Tuesday: Morgan Stanley beats, Nvidia callThe stock market is trying to stabilize after a couple of nasty days in a row as the attention shifts to corporate earnings
Bron: CNBC - 🏆 12. / 72 Lees verder »