The Smartest S&P 500 Dividend Stock to Buy With $1,000 Right Now
Investors are forgetting just how easily this company bounces back from economic headwinds.
Overview
Need investment income? From a distance, it looks like income seekers are just out of luck right now. The S&P 500's trailing dividend yield currently stands at a record low of just over 1%.
Dig deeper, though. The index's overall yield is only this low because a small handful of very large, non-dividend-paying tech companies' stocks now account for a massive share of the S&P 500's market value. There are still plenty of index stocks making solid, sizable dividend payments. Fast-food restaurant chain McDonald's (NYSE: MCD) is one of them.
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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.