Covered Call ETFs Chase Income as S&P 500 Yield Nears 1%
Stock investors hunting for income are getting less of it as companies increasingly favor share buybacks over dividends. The S&P 500’s dividend yield has hovered near 1%, according to a new State Street Investment Management report. Key Takeaways: XLKI posted a 17.8% dividend yield over the past 12 months, while its underlying tech sector paid […]
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