Corporate giants Amazon, UPS and Target each announced layoffs in recent weeks totaling more than 60,000 jobs cut this year. In the absence of the Bureau of Labor Statistics' monthly jobs report, the layoff announcements have raised questions about the strength of the labor market and if it's the start of an AI-driven, white-collar recession.
This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields 4%, we ...
Target has increased its dividends for 54 consecutive years despite ups and downs. Non-merchandise sales rose 14% in the second quarter, but total sales decreased by nearly 1%.
Dividend stocks have historically outperformed non-dividend paying stocks. Sonoco Products has radically reshaped its business to focus on its core.
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