- Federal Reserve anticipates three rate cuts this year. Mortgage rates jumped back over 7%. The latest consumer price index revision signaled that inflation in December was lower than first reported.
- Concerns grew about government and consumer debt, a market correction, and a regional banking crisis.
- China replaced its top securities regulator after its stock market meltdown.
- Mexico has overtaken China as the top importer to the United States.
- McDonald’s blamed Middle East turmoil for disappointing earnings. A weight-loss drug boosted Eli Lilly’s results. Disney topped earnings expectations and hiked its dividend. Uber posted its first annual profit. And share buyback plans boosted Alibaba and BP stocks.
- Estee Lauder and Snap announced layoffs.
Five Stocks You Have Never Heard of That Pay Massive Dividends
Investors looking for off-the-radar stocks with huge dividends may be interested in Frontline PLC (NYSE: FRO), Omega Healthcare Investors Inc. (NYSE: OHI), and these other companies. Their stocks make sense for investors looking for passive income and the potential for a solid total return.
Three Dividend Stocks Are Growing Payouts Over 30% a Year
NXP Semiconductors N.V. (NASDAQ: NXPI) and these other stocks have grown their dividends by a whopping 30% annually. This kind of growth means that the income you receive from these stocks doubles about every three years.
Five Ultra-Safe Utility Stocks With the Highest Dividends
Investors looking for big dividends should consider ultra-safe utility stocks, and we found five, including American Electric Power Co. Inc. (NYSE: AEP) and Dominion Energy Inc. (NYSE: D), with some of the highest dividends in the industry.
Warren Buffett Collects $1 Billion a Year in Passive Income From One Stock Alone
While three stocks pay the vast amount of income Berkshire Hathaway makes every year, one company pays Warren Buffett right at $1 billion. It’s not Apple Inc. (NASDAQ: AAPL), and it’s not Occidental Petroleum Corp. (NYSE: OXY), the runners-up.
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