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David Wilson s Chart of the Day

David Wilson s Chart of the Day
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David Wilson s Chart of the Day

Aristocratic dividends in U.S. stocks suit Credit Suisse Here’s my chart for today. I’ll talk about it shortly after 3:30 p.m. Eastern (12:30 p.m. Pacific) on the Bloomberg Businessweek radio show. Also, I’ll present my Stock of the Day just after 4:15 p.m. (1:15 p.m.) on social media. You can hear me on Bloomberg Radio or see me at Bloomberg Global News on YouTube. U.S. companies with a track record of raising dividends have become “abnormally cheap,” according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG. Garthwaite endorsed the so-called dividend aristocrats in a report Thursday. Valuations of the S&P 500 Index’s aristocrats relative to the U.S. stock benchmark fell as much as 5.5% from a high on May 13 through Thursday, according to data compiled by Bloomberg. The decline is based on forward price-earnings ratios, which Garthwaite cited in the report.

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