Realty Income, Brookfield Infrastructure, and Enbridge, which offer yields of 6%, 5%, and 7.5%, respectively. These companies have a history of increasing dividends, with Realty Income growing its payout at a 4.3% compound annual rate and Brookfield Infrastructure at a 9% rate. Enbridge has increased its dividend every year for 29 years.
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Micron Technology's stock market rally came to a halt after releasing fiscal 2024 third-quarter results, with shares falling 8% due to not exceeding Wall Street's expectations by a big enough margin. Despite revenue increasing 81% to $6.8 billion and operating income margin jumping to 14%, the company's guidance was only slightly ahead of expectations.
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The Indian government has extended the exemption of customs duty on defence equipment imports for five years, benefiting defence stocks like Hindustan Aeronautics, Bharat Dynamics, and others. The move has boosted defence exports, with a target of ₹50,000 crore by 2028-2029. Defence stocks have seen significant groth, with returns ranging from 60% to 679% in the last year.
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