Wed, May 1, 2024 2:38 PM
IPOs in May: Indegene, TBO Tek, Aadhar Housing and 4 SME companies
A Flip by Riya Sharma
Johnson & Johnson (NYSE: JNJ) is dividend royalty. The healthcare behemoth has increased its dividend payment for 62 straight years. That puts it in the elite group of Dividend Kings, companies with 50 or more years of consecutive annual dividend growth. The healthcare stock also stands out for its higher dividend yield. With a nearly 3.3% forward dividend yield, an investment in J&J.
Open Flip
Stock investors are bracing for a spike in market volatility, and upcoming events such as Nvidia Corp.’s earnings report can exacerbate any moves, according to Goldman Sachs Group Inc. strategists. The bank’s measure of risk appetite hit the highest since 2021 last week, driven by optimism around economic growth and monetary policy, but momentum has slowed.
Open Flip
Arvind Fashions Ltd — a leading player in the casual and denim segment — on Tuesday reported a 39.09 percent increase in consolidated net profit to Rs 39.67 crore for the March quarter. The company had posted a net profit of Rs 28.52 crore for the January-March period a year ago, according to a regulatory filing from Arvind Fashions Ltd.
Open Flip
