During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Source: https://www.benzinga.com/trading-ideas/dividends/26/05/52278…
The FOMC held the line on the federal funds rate this week, the first pause after three straight reductions. The Fed is not expected to lower rates again until June, at least according to one survey.
Exxon and Chevron plan to maintain their capital spending and production plans. ConocoPhillips is increasing its budget range to reflect a modest increase in drilling activity in the Permian Basin.
Zacks Media Conglomerates industry players like SPHR, LION and MSGE gain from the rising demand for high-speed Internet and increased media consumption.
