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
Collect 10.1% Yield Starting November 1st
Posted by D4L | Sunday, October 15, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Most income-oriented investors focus almost exclusively on the current dividend yield of stocks to decide whether to purchase them. However,...
-
For most investors, the new year brings with it new opportunity. With all three major U.S. stock indexes falling into a bear market last yea...
-
Last year was brutal for the real estate investment trust (REIT) sector. Rising interest rates created two headwinds for the industry. They ...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
-
Dividends drive significant returns for Berkshire Hathaway's portfolio. One common theme of Warren Buffett's Berkshire Hathaway is d...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.