HDEF - Very Good News For Dividend Stocks
2024-03-11 08:15:00 ET
Summary
- Dividend stocks, including REITs and utilities, have underperformed in recent years.
- Rising interest rates and increasing costs of capital have contributed to the underperformance.
- The beginnings of a strong dividend stock rally may have just begun on the back of some very good news.
- We share why the outlook for dividend stocks is improving as well as some of our top picks of the moment.
Recently, we wrote an article where we detailed the challenges that have been plaguing the dividend space for the past few years, leading to underperformance for REITs ( VNQ ), Utilities ( XLU ), high-yield stocks ( SPYD ), and dividend growth stocks ( SCHD ) while the boom in the "Magnificent Seven" mega-cap technology stocks has delivered outperformance for the S&P 500 ( SPY ) and particularly the Nasdaq ( QQQ )....
Very Good News For Dividend Stocks