2024-04-20 09:40:00 ET
Summary
- BofA Global Research suggests that dividend stocks may become more popular as cash on the sidelines enters the market, but that remains to be seen.
- The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) features a risky portfolio, but its technical situation shows signs of improvement.
- More companies are increasing their dividend payouts compared to last year, providing opportunities for investors, and the high dividend yield factor has gotten off the mat.
Are dividend stocks coming back en vogue? That's a narrative being spun by strategists at BofA Global Research. They feel that with more than $6 trillion of cash on the sidelines in money market mutual funds, and with the Fed perhaps beginning to cut interest rates later this year, that dry powder may tiptoe back onto the risk curve, but in a prudent way. That could help yield-focused blue-chip equities. But not all large-cap dividend ETFs are created equal. ...
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The High Dividend Factors Leads Lately, But Risks Remain With SPYD