This company runs an extremely profitable business, and pays generous dividends with a yield more than five times the S&P 500’s average. Investors who want to lock in this yield need to act quick, because the next distribution date is November 1. A Double-Digit Yielder You Likely Haven’t Considered...
The company responsible for paying these oversized dividends is Waddell & Reed Financial, Inc. (NYSE:WDR). Headquartered in Overland Park, Kansas, Waddell & Reed is in the asset management and financial planning business. You may not have considered WDR stock directly, but you might have seen some of its products when you were visiting your financial advisor. This is because Waddell & Reed and its subsidiaries offer a wide range of investment products, including Waddell & Reed Advisors Group of Mutual Funds, Ivy Funds, Ivy NextShares, Ivy Variable Insurance Portfolios, and InvestEd Portfolios.
Source: Income Investors
Related Articles:
- 5 Big-Name Dividend Stocks Crushing The S&P 500
- How To Be a Better Investor During Difficult Times
- 4 Higher-Yielding, Low Debt Stocks With A Tiny Payout Ratio
- 3 Stocks Increasing Dividends Like A Champion
- The Next Great Company
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
Some investors — usually referred to as income investors — specifically set out to buy securities that pay them even before stock price appr...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Good income investments often come with strong dividend yields, delivering income that's higher than an investor could find at a bank or...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
Both of the listed stocks are often discussed on the Reddit page, and for very different reasons. The former pays a frequent special dividen...
-
When it comes to dividend stocks, investors can fall into the trap of focusing on dividend yield over all else. That can be a dangerous stra...
-
Safety and tranquility are both important aspects of investing for retirement. Yes, we want stocks with meaningful upside. We also -- howeve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.