3 Cheap Dividends “Spring-Loaded” to Surge When Rates Drop
February 13, 2024 at 05:00 AM EST
Look, we’re going to get a slowdown here in America this year—two years’ worth of rate hikes are going to hit home. Fact. So I’m going to suggest we do something you might find a little bit weird: buy US stocks . But not any US stocks—and certainly not “dividend-dud” ETFs like the ever-popular SPDR S&P 500 ETF Trust (SPY) ! No way. Instead we’re shopping in the small(er) cap aisle, for stocks in the midcap range kicking out surging dividends. We love these overlooked US-based dividend plays now because: They’re cheap : while SPY has soared 19% in the last year, midcaps have treaded water, with the Vanguard Mid Cap ETF (VO) —in orange below—up just 4%.… Read more