UBS screened for dividend-paying stocks that are high quality.
Investors searching for dividend-paying stocks in this market don't have to sacrifice quality. In fact, there are several companies that have strong balance sheets and good management, as well as a stable dividend with growth potential, according to a note from UBS last week. Those dividends may begin to look more attractive to investors as the Federal Reserve starts cutting interest rates. Bond yields will also move lower, which could have investors seeking income elsewhere.
In May, Exxon acquired Pioneer Natural Resources in a deal valued at $59.5 billion. The company said the acquisition more than doubles its production in the Permian Basin. Meanwhile, oil market analysts are forecasting a tighter market in the third quarter. "With oil inventories beginning to decline as a result of solid demand and constrained supply growth, investors have started to build oil exposure again," Giovanni Staunovo, commodity analyst at UBS, wrote in a note Thursday.
Stock Markets Home Depot Inc Exxon Mobil Corp CME Group Inc Jpmorgan Chase & Co Prologis Inc Sempra Dividends Energy Utilities Financials Real Estate Reits Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UBS: Political iceberg hits the market– UBSThe UK general election result is now clear (for the benefit of US readers, many countries are able to get a definitive result within hours of voting having concluded).
Read more »
Here's how UBS recommends investors approach the U.S. electionHere's how UBS recommends investors approach the U.S. election
Read more »
How Are Energy Investors Positioned? UBS weighs inHow Are Energy Investors Positioned? UBS weighs in
Read more »
UBS answers 3 key investors questions for the second half of 2024UBS answers 3 key investors questions for the second half of 2024
Read more »
UBS explains how investors should position for the second half of 2024UBS explains how investors should position for the second half of 2024
Read more »
With 10% yields, private credit looks attractive, says UBS. What you need to know before investingUBS is bullish on private credit, but says investors should be selective.
Read more »