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.
Waste Management Inc (NYSE: WM) said its Board of Directors has approved a 7.1% increase in the planned quarterly dividend rate for 2024, from $0.70 to $0.75 per share.
By the end of today, December 11, 2023, Cathay General (NASDAQ:CATY) is set to deliver a dividend payout of $0.34 per share, equating to an annualized dividend yield of 3.62%. Shareholders who owned the stock prior to the ex-dividend date on November 28, 2023 will receive this payout.