This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with:
Remember dividends?
You know, the check you used to collect every quarter for holding a share of a company? I say “used to” as you have probably long moved on to chasing growth stocks with no dividend checks, such as Nvidia (NVDA). I get it — why hold out for a measly dividend check four times a year when you can get rich overnight from a blowout quarter from Nvidia or fellow momo name Palantir (PLTR)!
You aren’t alone in forgetting about dividends — Corporate America appears to be doing the same as it plows cash flow into AI investments and share repurchases. (I hate repurchases, but that’s a story for a different day.)
Here’s the context on this one.
S&P 500 (^GSPC) dividend yields are now within 20 basis points of their all-time low,…
