Image source: Getty Images Life insurer Phoenix (LSE: PHNX) already has one of the highest dividend yields in the FTSE 100, at 10.6%. But forecasts suggest the company’s payout will continue to rise, meaning that today’s buyers could soon enjoy a yield of 11% on the original cost of their investment. Here are the latest broker consensus dividend forecasts for Phoenix: YearDividend per shareDividend GrowthDividend yield202454.1p+2.7%10.7%202555.2p+2.2%10.9%202656.8p+2.8%11.2% For some companies, I would see such a high yield as a warning that a cut’s likely. But in recent years, Phoenix’s dividend has been consistently covered by the surplus cash it generates. I…
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By Peter Henderson and Chad Terhune LOS ANGELES (Reuters) – Karen Myles, 66, walked out of her Altadena, California home in the middle of the night in her pajamas, confronted by a forest of red and orange flaming trees and live wires from tumbled electric poles sparking in the street. Her son, who had woken her from a deep sleep, navigated their path to safety. The fire destroyed her neighborhood this month, and she is not going back. “I’m not going to rebuild. Oh no. Hell no. That fire took everything out of me. I’m going to fly away somewhere,…
Investing large sums of money can be nerve-racking. This can be particularly true when building a growth-focused portfolio. Yet, by looking under the hood of some well-known companies, I think it’s possible to construct a portfolio that stands the test of time. Here’s how I would build a hypothetical $50,000 portfolio today using some of my favorite growth stocks. Image source: Getty Images. Spotify Technology First, there’s Spotify Technology (SPOT -0.98%). I’ll allocate $15,000, or 30%, of my hypothetical portfolio to Spotify. Here’s why: The company is making the transition from a promising upstart to a streaming superstar. Indeed, since…
Investing in US stocks allows Indian investors to own a slice of the world’s most influential companies, while global exchange-traded funds (ETFs) provide an avenue to diversify portfolios beyond domestic markets. While India’s mutual fund (MF) industry has hit the Reserve Bank of India’s $7 billion cap for overseas investments, platforms such as Vested Finance, INDmoney, and Appreciate offer an alternative route for Indian investors to access US markets through the Liberalized Remittance Scheme (LRS). Read this | International funds: Which are still open and what alternatives do Indian investors have? How it worksUnder the Liberalized Remittance Scheme, Indian residents…
Image source: Getty Images A SIPP is the perfect vehicle for the sort of long-term investing I prefer. By looking decades into the future and thinking about where business sectors and specific firms may go, I think it is possible to help decide what sort of shares bought today might help set an investor up for a bigger SIPP down the road. Turning £30k into over £406k! I do not buy shares just because of their yields. After all, no dividend is ever guaranteed. But I do think zooming in on yields of the shares I mention below can help…
By David Shepardson WASHINGTON (Reuters) – Outgoing U.S. President Joe Biden will sign an executive order on Sunday aimed at prioritizing government resources to help economically distressed American communities – a day before he leaves the White House. Biden’s order is targeting so-called “Left-Behind Communities” and aims to help incoming President Donald Trump, who will oversee significant spending on infrastructure, semiconductors, energy, broadband internet and other programs approved during Biden’s presidency. By one estimate, 15% percent of the U.S. population — or around 50 million Americans — live in a distressed zip code, which is measured by poverty, unemployment, education,…
Image source: Getty Images Is it possible to start buying shares with a small sum of money, or is it necessary to wait until a thousand pounds I’d saved up? The answer to that question is simple. It is, indeed, possible to start investing in the stock market with a limited amount. Below, I explain how a new investor, from a standing start, could build a share portfolio by putting aside £50 per week. The power of regular investing Fifty pounds and is an arbitrary number here. I could use more, or less. The same principles would still apply. But…
WASHINGTON (Reuters) – Donald Trump will be sworn in as president in the Rotunda of the U.S. Capitol on Monday, after the forecast bitter cold prompted planners to move the ceremony under the building’s neoclassical dome for the first time in four decades. That shift means that Trump will take the Oath of Office in the 96-foot (29 m) across, 180-foot (55 m) high sandstone hall at the Capitol’s center, the same spot where some of his supporters rioted on Jan. 6, 2021, in an attempt to overturn his 2020 election defeat. Here’s a look at Jan. 6-related events that…
Landing on a 2025 stocks forecast is a tricky business. Both 2023 and 2024 were some of the best times for investors. Each of those years produced total returns in double digits. But will 2025 also be a booming year for equities? History says it’s unlikely, while analysts hold differing positions.Since 1942, three-year annual gains of 10% have occurred just three times. Only twice have there been four consecutive years of double-digit gains and only once has there been a five-year run.“There is certainly a possibility that we have another gain that’s double-digit,” says Sam Stovall, chief investment strategist at…
Lt. Governor Howie MoralesFrom the first day of our administration, Gov. Michelle Lujan Grisham and I have made investing in rural New Mexico a top priority, whether championing billions more in capital outlay funds for public infrastructure, creation of the $46 million Rural Health Care Delivery Fund, new workforce affordable housing monies, or the New Mexico Match Fund to help local governments leverage once-in-a-generation federal dollars. And by emphasizing a close, working collaboration, the executive and legislative branches together have achieved results that promise more resilience and growth for rural communities who need it.Six years on, we know there is…