An Important Warning For High-Yield Dividend Stocks
ADCAgree Realty(ADC) Seeking Alpha·2024-07-31 00:35
Lemon_tm High-yield dividend stocks have been rallying recently on expectations that the Federal Reserve is likely going to cut interest rates in September. For example, the REIT sector (VNQ) is up by over 8.5% since July 1st. The Global X Super Dividend U.S. ETF (DIV) is up by over 6% during that span, as is the Schwab U.S. Dividend Equity ETF (SCHD), and the utility sector (XLU) is up by over 5.6%. Data by YCharts However, the market may be getting a bit ahead of itself right now, as I do not think in ...