Wall Street Week Ahead: Prospect of Fed cut pushing dividend investors into tech, energy

Business News July 19, 2019 / 11:09 PM / Updated 2 hours ago Wall Street Week Ahead: Prospect of Fed cut pushing dividend investors into tech, energy David Randall 5 Min Read NEW YORK (Reuters) - An expected interest rate cut by the Federal Reserve later this month is pushing yield-oriented U.S. fund managers further afield in search of income at attractive prices. A sign is seen on Wall Street near the New York Stock Exchange June 15, 2012. REUTERS/Eric Thayer (UNITED STATES - Tags: BUSINESS)

NEW YORK (Reuters) – An expected interest rate cut by the Federal Reserve later this month is pushing yield-oriented U.S. fund managers further afield in search of income at attractive prices. While nearly half of the companies in the S&P 500 have a higher dividend yield than the roughly 2.04% yield that benchmark 10-year Treasuries […]

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