During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
BlackRock (BLK) reported Q4 FY23 revenue growth of 7% Y/Y. Adjusted EPS beat estimates at $9.66. BlackRock also agreed to acquire independent infrastructure fund manager Global Infrastructure Partners.
As the day concludes, John Wiley & Sons (NYSE:WLY) is preparing to distribute a dividend payout of $0.35 per share, resulting in an annualized dividend yield of 4.35%. This payout is exclusive to investors who held the stock before the ex-dividend date on December 26, 2023.
At the end of today, January 11, 2024, Thor Industries (NYSE:THO) will distribute a dividend payout of $0.48 per share, translating to an annualized dividend yield of 1.74%. Shareholders who held the stock before the ex-dividend date on December 27, 2023 will benefit from this payout.