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Because most of the industry leaders have announced their most recent quarterly earnings results, the stock markets are expected to witness a sharp correction soon. Technical analysis and charts indicate that the S&P 500 will likely experience a “tough month.”
With the Fed’s reiterated dovish monetary policy stance for the near term, and with declining bond yields, investing in fundamentally sound companies with high dividend yields could be a wise move now. Industry leaders Vale S.A. (VALE), Dow Inc. (DOW), and OneMain Holdings, Inc. (OMF) pay dividends that yield more than 3%. Given these companies’ strong fundamentals we believe they are worth considering for one’s portfolio now.
