The hot new investment theme isn’t socially nuanced crypto space finance or metaverse charging networks for virtual vehicles. It’s dividends—cash payments to shareholders.
This year, U.S. equity dividend mutual funds added cash from investors during 14 out of 15 weeks. The ProShares Dividend Aristocrats exchange-traded fund (ticker: NOBL), which tracks an index of longtime payout growers, has managed a 6% return over the past six months, while the S&P 500 has lost 3%.
That’s…
Source: finance.yahoo.com
Related posts:
JPMorgan’s Texas Muni Work Becomes Latest Culture War Fallout
Here’s what history says about stock-market returns during Fed rate-hike periods
U.S. Futures Drop as Risk Sentiment Crumbles on Virus Variant
Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing
CVS stock tumbles after Blue Shield of California shake-up. Analysts call selloff 'nonsensical'