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Goldman says buy dividend stocks amid diving yields

August 19, 2019


In a falling rate environment, Goldman Sachs is advising clients to buy high-dividend payers, which it says are trading at their cheapest levels in nearly 40 years relative to stocks with low yields.

“With the 10-year Treasury yield at just 1.5% and the Fed likely to cut two more times this year, investors should look for opportunities in dividend stocks,” Goldman chief U.S. equity strategist David Kostin said in a note Friday.

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