During the market selloff on September 20, retail investors purchased $1.93 billion in assets. Day traders primarily purchased exchange-traded funds that track closely monitored US benchmark indexes. Invesco QQQ Trust Series 1 received $337 million in total inflows. Apple Inc. is the most valuable company in the world, with a market valuation of almost $2.4 trillion, followed by other major technology companies. In this post, we’ll concentrate on value companies, which don’t attract much attention but are still among the finest investments for investors.
Insider Monkey looks at the 10 boring stocks that make money. Residential, industrial, and commercial customers in the United States receive energy and water services from the corporation. American States Water Company has increased its annual cash payout every year for the past 66 years. It’s a dividend king, meaning it’s one of the few corporations that has consistently increased dividends for at least 50 years. 3M Company has grown its dividend for the previous 63 years and now pays a $5.92 per share annual dividend. In the second quarter, the company’s revenue was $8.95 billion, up 24.7 percent year over year. Chevron Corporation now pays a $5.36 per share yearly dividend to its stockholders. The company’s revenue increased 179 percent year over year to $37.6 billion in the second quarter, above expectations by $1.15 billion. The Coca-Cola Company now pays a $1.68 per share annualized dividend. The company’s revenue increased 42 percent year over year to $10.13 billion in the second quarter, beating revenue projections by $823.1 million. Caterpillar Inc. is a manufacturer of construction and mining equipment. It comes in sixth place on the list of the ten most boring stocks that make money. The annual dividend for the corporation is $4.44 per share, with a 2.21 percent yield. For more detail, click 10 Boring Stocks That Make Money.
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