Meet the Dividend King Stock That Yields More Than Triple the S&P 500. Here's Why It's a Buy Before the End of July.
The average S&P 500 yield hasn't been this low in more than 150 years.
Overview
Here's a fact for you -- the average dividend yield on the S&P 500 is currently at 1.09%, the lowest it has been in at least 155 years, dating back to 1871.
This means that of the more than 400 companies which pay dividends, the average yield among them is just over 1%. Average yields among S&P 500 companies have been between 1% and 2% throughout the 2020s; the last time it was over 2% was in 2018.
Details
Why have yields dropped to historic lows? There are a few reasons for that. One, the stock market has been on one of its best runs in decades as the S&P 500 has had three straight years of strong returns.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.