Dividend-News

S&P 500 High Yield Gains And Upsides Augured For May

Published Thu, 30 Apr 2020 16:04:03 -0400 on Seeking Alpha

"The S&P 500 High Dividend Index is a benchmark for income seeking equity investors. It measures performance of 80 high-yield S&P 500 companies and is equally weighted."
After 6 curtailed dividends in March, plus 4 more in April, 70 S&P 500 high dividend yield index dogs showed top-ten net gains for May ranging 27.37-74.9% topped by SPG 4/28/20.
High dividend yield S&P 500 index dogs ranged 2.9-13.26% in estimated annual yield. Top 10 - WMB, COTY, CTL, IRM, HP, VTR, KIM, GPS, OKE, and SPG averaged 10.53%.
S&P 500 ten-top high yield index firms by May broker target price upsides - VTR, WY, IRM, WRK, SLG, REG, KIM, UNM, OKE, and SPG - averaged 31.93% upsides.
5k invested in the lowest-priced five May high-yield S&P 500 index dividend dogs showed 16.9% LESS net gain than from $5k invested in all ten. Big, higher cost dividend dogs again ruled this pack for May.
Foreword
The many ways to evaluate the S&P 500 list include pitfalls and perils. A straight listing by yield, for example, includes as many top dogs poised to fall amid a few rising stars. This high-dividend yield index list narrows the field to (Now) 70 stocks with (mostly) positive returns over the past year and yields greater than 2.9%, assuming their good fortune holds. Nevertheless, past pleasantries are never a guarantee of future fates. Witness the ten S&P 500 dearly departed high dividends from this index in March and April: F, GPS, JWN, LB, M, TPR, GM, KSS, BA, and CCL.
The S&P 500 High Dividend Index (Ticker: SPXHDUP) serves as a benchmark for income-seeking equity investors. The index is designed to measure the performance of 80 high-yield companies within the S&P 500 and is equally weighted to best represent the performance of this group, regardless of constituent size.
Actionable Conclusions (1-10): Analysts Forecast 27.37% To 74.9% Top Ten S&P High-Yield Net Gains To May 2021 Six of ten top S&P 500 high-yield index dogs by... Read more