The U.S. stock market has recently reached record highs, with the S&P 500 and Dow Jones Industrial Average both surging following a significant rate cut by the Federal Reserve. This favorable economic environment presents an opportune moment to explore dividend stocks, which can offer stable income even amidst market volatility. In such a dynamic market, selecting dividend stocks that yield up to 5.4% could provide investors with both growth potential and reliable income streams.
MORRISVILLE, Vt., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ - UNB) today announced the completion of a balance sheet repositioning related to its investment securities portfolio. The Company's wholly-owned subsidiary, Union Bank, executed the sale of $38.8 million in book value of its lower-yielding available-for-sale debt securities for an estimated after-tax realized loss of approximately $1.0 million, which will be recorded in the third quarter of 2024. Proceeds from t
In August 2024, the U.S. stock market has shown mixed performance, with the S&P 500 and Nasdaq Composite experiencing declines while the Dow Jones Industrial Average reached a record high. Amidst these fluctuations, dividend stocks continue to attract investors seeking steady income and potential growth. When considering dividend stocks in this environment, it's crucial to focus on companies with strong fundamentals and a history of reliable payouts.