Published on 1 May 2024 on MarketWatch via Yahoo Finance
Target has increased its dividend to investors at a rapid pace over the past five years, while its share price has more than doubled. - MarketWatch photo illustration/iStockphoto, Target
At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors. You can get yields of more than 5% on shorter-term U.S. Treasury securities or lock-in a bank CD with a yield of 5% for a year.
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