Previous Close | 38.88 |
Open | 38.79 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 38.63 - 39.12 |
52 Week Range | 33.18 - 40.86 |
Volume | |
Avg. Volume | 60 |
Market Cap | 166.519B |
Beta (5Y Monthly) | 0.42 |
PE Ratio (TTM) | 17.86 |
EPS (TTM) | 2.19 |
Earnings Date | Jan 24, 2025 |
Forward Dividend & Yield | 2.49 (6.37%) |
Ex-Dividend Date | Oct 10, 2024 |
1y Target Est | N/A |
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.