There’s a lot of uncertainty in today’s market, but one thing is guaranteed. It’s as sure as the sun rising again tomorrow... The new tax reform law is about to cause an avalanche of money to rush into a very specific kind of investment in the weeks and months ahead — dividend stocks. As you probably know, the new tax law slashed the corporate tax rate from 35% to 21%. According to the Citizens for Tax Justice, the total amount currently being stashed overseas by Fortune 500 companies in order to avoid paying U.S. corporate taxes tops $2.6 TRILLION!
Just look at some of the names on this chart … Apple (NASDAQ:AAPL), Coca-Cola (NYSE:KO), Amazon (NASDAQ:AMZN), General Electric (NYSE:GE), Microsoft (NASDAQ:MSFT), Gilead (NASDAQ:GILD), Intel (NASDAQ:INTC) … we’re talking about big, blue-chip companies hiding billions overseas. But the new tax law holiday lets companies bring back that cash at a 15.5% tax rate. With $2.6 trillion sitting overseas, that’s potentially a $400 billion windfall for Uncle Sam. And a more than $2 TRILLION bonanza for investors as companies put all that repatriated cash to work.
Source: InvestorPlace
Related Articles:
- How Much Money Will You Need To Retire?
- Seeding A Forest Of Dividend Growth Stocks
- 4 Stocks With A Strong Cash To Dividend Coverage
- Optimizing Your Asset Allocation
- Dividend Growth Stocks Are My Conviction
These Dividend Stocks Are About to Soar — Thanks to Donald Trump
Posted by D4L | Friday, September 07, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
The best dividend stock nobody is talking about is an undervalued, high-dividend chemical company poised to grow at an exponential rate. Wit...
-
If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the ...
-
Last week, we found out that the consumer price index (CPI) went up by 8.3% in April, more than the 8.1% estimate. Meanwhile, the ongoing wa...
-
When shares trade at a 40% discount to book value, they should have substantial flaws. This REIT isn’t perfect, but it deserves a higher rat...
-
A full-blown recession, or the late-year rally in Wilson’s view – the natural move for investors will be toward defensive stocks, moves to p...
-
If any investor has stood the test of time, it is Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock-star...
-
The Dividend Kings, which are those stocks with at least 50 years of dividend growth, is an excellent place to find high quality names. Ther...
-
Mid-cap dividend stocks are the best bargain on the board right now. I love them because lame income investors don’t consider them. They fix...
-
When a retailer has a sale, it's often celebrated with banners, signs, and commercials telling customers not to miss out on the spectacu...
-
5 big yields, all with upside. But I've got 1 more share to mention. With most of the earnings releases out, the charts are updated to s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.