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Tag Archives: 6.5%

Deep Dive: This unusual income fund has a dividend yield of 6.5% and has beaten the S&P 500

June 12, 2020 The Market Comments Off on Deep Dive: This unusual income fund has a dividend yield of 6.5% and has beaten the S&P 500

Investors usually must contend with a trade-off between income and growth. Not so with the Reaves Utility Income fund, which has a 6.48% dividend yield and performance that has beaten the S&P 500 Index SPX, +1.30% over the past 10 and 15 years. That’s unusual, given that the benchmark index …

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Existing-home sales skyrocketed 6.5% in February — but that could soon change because of the coronavirus

March 20, 2020 The Market Comments Off on Existing-home sales skyrocketed 6.5% in February — but that could soon change because of the coronavirus

The numbers: Sales of previously-owned homes jumped 6.5% in February, though the coronavirus outbreak could put the break on sales growth in coming months. Existing-home sales occurred at a seasonally-adjusted annual pace of 5.77 million, the National Association of Realtors reported Friday. It was the strongest sales figure for the …

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