Dividend-paying stocks have been getting a lot of press lately. One of the big talking points in their favor: The dividend yield on the Standard & Poor’s 500-stock index had surged above the yield on the 10-year Treasury about three months ago. That’s led some investors to hail them as alternatives to Treasurys and other bonds.
But don't look now: At yesterday's close the 10-year Treasury was yielding 2.23%; the S&P 500's dividend yield had dropped to 2.16%.
Can we please stop talking about dividends now?
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