One of the things I like to use to show how suppressed dividend yields have become is the average yield of companies in the S&P 500 index. Historically, S&P 500 companies had an average dividend yield of 4.3%. Today, the average component of the benchmark index yields just 1.9%.
Still, that doesn’t mean every S&P 500 stock is stingy. For instance, there’s Macerich Co (NYSE:MAC), a real estate investment trust (REIT) headquartered in Santa Monica, California. Added to the S&P 500 in May 2013, the company currently has a quarterly dividend rate of $0.75 per share. Trading at $28.09, MAC stock offers a jaw-dropping yield of 10.7%. In other words, Macerich has yielded more than five times that of the benchmark’s average. As a matter of fact, MAC is the highest-yielding S&P 500 stock at the time of this writing.
Source: Income Investors
Related Articles:
- 5 Dividend Stocks With A Low Payout Ratio
- 5 Dividend Stocks Beating the S&P With Positive Returns In Excess of 50% YTD
- Income Annuities vs. Dividend Stocks
- 5 Tech Stocks With A History of Growing Their Dividends
- How To Manage Your Dividend Portfolio In A Downturn
This S&P 500 Company Yields 10.7%
Posted by D4L | Wednesday, November 06, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
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...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
Double your money in a short time. Few investors would walk away from such an opportunity. Of course, there's no guarantee that any inve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.