Valuation – Dividend Yield and U.S. 10-Year Yield
Valuation – Dividend Yield and U.S. 10-Year Yield The gap between dividend yields and bond yields is back to the levels last seen in the 1950s. Image: Goldman Sachs Global Investment Research
Valuation – Dividend Yield and U.S. 10-Year Yield The gap between dividend yields and bond yields is back to the levels last seen in the 1950s. Image: Goldman Sachs Global Investment Research
Number of S&P 500 Firms to Decrease or Suspend their Dividend Bye-bye dividends, as they have been hit hard by the coronavirus pandemic. Image: The Wall Street Journal
S&P 500 – Actual Paid Dividends and Future Implied Dividends Markets are pricing lower dividends for S&P 500 companies over the long term. Image: Goldman Sachs Global Investment Research
S&P 500 Spot Index and 2027 Implied Dividends The gap between the S&P 500 and dividends expected in 2027 remains large. Image: Goldman Sachs Global Investment Research
Dividend Yield Valuations – Relative Median Price to Book Ratio Dividend yield valuations are at all-time lows. Image: BofA US Equity & US Quant Strategy
Dividends Yield on MSCI All Countries World Index (MSCI ACWI) Bye-bye dividends? Dividends have been hit hard by the coronavirus pandemic. Image: Financial Times
World Oil and Gas: Dividends per Share The ongoing collapse of dividends is unprecedented. Image: BCA Research
Dividends – Annual S&P 500 DPS Growth Goldman Sachs expects that the pace of dividend cuts will moderate. Image: Goldman Sachs Global Investment Research
Dividend Discount Model (DDM) Implied Equity Risk Premium (ERP) Goldman Sachs expects the equity risk premium to be lower moving forward, as the macro backdrop strengthens. Image: Goldman Sachs Global Investment Research
Utilities Dividend Yield Less 10-Year U.S. Treasury Yield Goldman Sachs upgraded utilities to outperform, as the utilities dividend yield is relatively high compared to the 10-year U.S. Treasury yield. Image: Goldman Sachs Global Investment Research
U.S. Dividend Aristocrats Relative to S&P 500 and U.S. 10-Year Bond Yield Will the gap close between U.S. dividend aristocrats and U.S. bond yields? Image: J.P. Morgan