S&P 500 Erases Gain, Down 0.15%

Go back to S&P 500 Erases Gain, Down 0.15%

Goldman Sachs says firms focusing on dividends will continue to outperform buyback stocks

April 17, 2023 10:55 AM EDT

Goldman Sachs analyst David Kostin told investors in a note Monday that the cash spending outlook supports stocks paying dividends over those focusing on repurchasing shares.

"While investors await earnings results, S&P 500 dividends registered year/year growth of 8% in 1Q 2023. This strong start to the year presents... More