These stocks have traditionally been highly coveted during periods of market turbulence because they provide shareholders a dividend or a guaranteed return, typically paid out annually out of the company's profits or reserves.
That investment approach is now floundering due to the coronavirus pandemic as many companies have suspended dividend payments and scrambled to conserve cash given that their revenues have evaporated and swooning financial markets have fueled worries over their ability to repay debt.
Like Forest Gump When people are afraid Buy cheaper stock United States is strong Will resurrect as soon as the infection is over
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market live updates: Dow rises 1,200, up 20% from low, Yellen's shocking forecastStocks ripped higher to start the holiday-shortened week as a combination of positive headlines eased investor angst after last week's abysmal March jobs numbers. They should say it doesn't make sense... Unless they tell the truth that the FED is manipulating EVERYTHING, who cares what lies they continue to spew.
Source: CNBC - 🏆 12. / 72 Read more »
Here Is a List of Companies That Have Suspended Dividends or Stopped Stock Buybacks in AprilAfter dozens of companies suspended or cut their dividends in recent weeks amid the coronavirus-driven business slowdown, some analysts believe dozens more... People bought their stock b/c they gave a dividend!! This is important.
Source: MarketWatch - 🏆 3. / 97 Read more »
Investing Insider April 7: 14 financial metrics to watch amid COVID-19 - Business InsiderInvesting Insider is your one-stop shop for high-profile investor interviews, trade recommendations, and actionable analysis.
Source: BusinessInsider - 🏆 729. / 51 Read more »