The Week’s Investing News Roundup: Chipotle, Dividend Kings, Passive Income and More

Source: monsitj / iStock via Getty Images
  • A March inflation surge smacked down the stock market and rate cut hopes. Jamie Dimon and Larry Sumers warned about rate hikes. But the Magnificent 7 led a market rebound.
  • Central bank buying pushed gold to record highs. Costco is selling $200 million a month in gold bars. Fitch downgraded China’s rating. Gasoline prices and mortgage rates rose.
  • Trump Media stock took investors on a wild ride. Tesla is set to unveil its robotaxi. Ford recalled SUVs. TSMC will make chips in Arizona. Rite Aid and dollar stores announced store closures. Regulators probed Morgan Stanley.
  • Spirit Airlines deferred aircraft deliveries and furloughed pilots to cut costs. Boeing’s CEO was called to testify before Congress.
  • Citigroup, JPMorgan, and Wells Fargo posted mixed first-quarter results.

Six Dividend Kings to Buy Now for Secure Dividend Growth

Coca-Cola Co. (NYSE: KO), Procter & Gamble Co. (NYSE: PG) and others have raised their dividends every year for the past 60 years or more, and these stocks are all Buy rated at top Wall Street firms.

A Look at the Chipotle Mexican Grill Stock Split

Fast-casual restaurant chain operator Chipotle Mexican Grill Inc. (NYSE: CMG) has never had a stock split before. Now it is going big with a 50-to-1 split, greatly increasing accessibility for individual investors.

Want $3,000 in Passive Income? Invest $750 in These 22 Dividend Stocks

We screened our 24/7 Wall St. dividend equity research database, looking for stocks that pay massive dividends, and we found 22 that combined can generate over $3,000 a year in passive income for an investment of just $750 in each one.

The Five Absolutely Best Dividend Stocks Yielding Over 9%

Investors looking for solid passive income streams should consider Altria Group Inc. (NYSE: MO), Ares Capital Corp. (NASDAQ: ARCC) and more of the absolute best stocks that pay dividends of 9% and more.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.