CME - These High-Yield Dividend Stocks Are Growing at Blazing Speeds
2023-06-30 07:59:00 ET
When you think about high dividend yields, growth stocks are probably not the first things that come to mind. That's because growth companies typically invest their excess capital into expanding the business, as opposed to rewarding investors with higher dividends. But that does not mean that you can't have high-yield dividend stocks that are growing rapidly.
Here are two stocks that are both boosting their already high yields and generating excellent earnings growth.
CME Group (NASDAQ: CME) is the nation's largest operator of derivatives exchanges, owning the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX), and the Commodity Exchange (COMEX). CME Group generates revenue through fees every time stock futures and options, commodities, interest rate products, and other derivatives are traded on its exchanges. It also makes money by selling market data to institutional investors.
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These High-Yield Dividend Stocks Are Growing at Blazing Speeds