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 أخبار

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%.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Morgan Stanley earnings beat lifts stockMorgan Stanley earnings beat lifts stock
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

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
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »