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The dividend yield of the S & P 500 was 1.93% on July 3rd, against 1.96% two years earlier – which is not much different.
But below the surface, more significant changes have occurred, one involving the financial sector.
The financial companies of the S & P 500 recently posted a return of 2.08%, against 1.69% in mid-2017. Among the 11 sectors of the index, …
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