Author: Patturaja Murugaboopathy

(Reuters) -Global funds that invest in dividend-paying stocks are drawing strong flows this year, following two years of tepid investor demand, as investors seek assets with a stable income while they navigate geopolitical and economic tensions. “Consistent dividend growth signals a company’s managers are disciplined at capital allocation and confident about future business prospects,” said Steve Watson, an equity portfolio manager at Capital Group. Sector-wise, energy led the way with a global dividend yield of 4.75%, followed by real estate at 3.7%, utilities at 3.3%, and financials at 3%, according to LSEG data.Read More

Read More

The Global Dairy Trade index had its biggest decline so far this year, falling 4.1% in Tuesday’s trading session. Significant gains in butter milk powder and lactose prices were offset by losses in every other category, with whole milk powder taking the biggest loss of 5.1%. On Tuesday, 110 winning bidders purchased 25,705 metric tons […]Read More

Read More