DLN - DLN: 2 Glamour Stocks Now Dig Dividends But Macro Factors Weigh

2024-05-05 02:34:52 ET

Summary

• Meta Platforms and Alphabet are now dividend payers, leaving Amazon and Tesla as the only major tech companies not paying dividends.
• The maiden dividend announcements from Meta and Alphabet attract a new investor base and provide broader access to mega-cap behemoths.
• The WisdomTree U.S. LargeCap Dividend ETF offers exposure to core U.S. large-cap equities from dividend-paying companies.
• Its valuation and diversification are decent, but seasonal and momentum trends are concerning.
• I highlight key price levels on the chart to monitor.

Maybe the biggest story of the earnings season so far is the news that both Meta Platforms (META) and Alphabet (GOOG) are now dividend payers. It leaves Amazon (AMZN) and Tesla (TSLA) as the only major tech-related companies not paying distributions to shareholders. ...

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