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

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  • 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.

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