The S&P 500's Dividend Yield Is Down to Around 1%. Buy This 5%-Yielding Pipeline Stock to Boost Your Passive Income.
Key takeaways
- If you re an income investor shopping around for a new dividend-paying company, however, you might be a bit discouraged.
- They re out there, if you re willing to look a bit off the beaten path.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
If you re an income investor shopping around for a new dividend-paying company, however, you might be a bit discouraged. That s because the market s relentless bullishness, which has driven the S&P 500 (SNPINDEX: ^GSPC) more than 100% higher since late 2022 (and up 16% just since late March), has also pared the index s dividend yield down to a record low of just over 1%. It suggests there are no great yields to be found anywhere.
Now dig deeper. They re out there, if you re willing to look a bit off the beaten path. A company called Enbridge (NYSE: ENB) fits the bill, with its forward-looking dividend yield of 5.1%.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »