Previous Close | 40.87 |
Open | 40.80 |
Bid | 41.61 x 4000 |
Ask | 41.64 x 3200 |
Day's Range | 40.80 - 41.77 |
52 Week Range | 36.20 - 45.36 |
Volume | |
Avg. Volume | 18,322,014 |
Market Cap | 175.331B |
Beta (5Y Monthly) | 0.42 |
PE Ratio (TTM) | 18.03 |
EPS (TTM) | 2.31 |
Earnings Date | Jan 24, 2025 |
Forward Dividend & Yield | 2.71 (6.51%) |
Ex-Dividend Date | Oct 10, 2024 |
1y Target Est | 47.33 |
High dividend yields can be a warning sign for investors. Yields generally correlate negatively with stock price movements, after all, so higher yields often reflect a business' underperformance and investors' lack of confidence in its rebound potential. One popular tactic that investors use in an attempt to minimize those risks is to focus on high-quality companies that might just be going through rough patches.
The S&P 500 has gained an impressive 35% over the past year. Because of that, its dividend yield has fallen from 1.7% a year ago to around 1.2% these days. To put that into a more tangible context, a $10,000 investment made in the S&P 500 right now would only produce about $120 of dividend income over the next year.
Today's Research Daily features new research reports on 16 major stocks, including Linde plc (LIN), Verizon Communications Inc. (VZ) and AT&T Inc. (T).