Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread more
A tour bus carrying Chinese-speaking tourists crashed near a national park in southern Utah, killing at least four people and critically injuring up to 15 others, authorities...U.S. Newsread more
As investors have moved into dividend stocks in their search yield, investment pros warned Friday that they should always think about valuation.
For example, some integrated oil companies have "horrendous" valuations, trader Tim Seymour said in an interview with CNBC's "Power Lunch."
"We just went through a terrible second quarter in terms of EPS for these guys, and yet people are clinging on. And actually, perversely, oil companies are protecting their dividends at the expense of investing in Capex and production," the managing partner at Triogem Asset Management said.
"You could make an argument that the dividend chase is something that is actually holding back even oil production."
companies are reportedly giving shareholders more of their profits than any time since the financial crisis.
According to The Wall Street Journal, they are paying out almost 38 percent of their net income to shareholders for the past 12 months. What's more, 44 S&P 500 companies paid an annual dividend in the second quarter that surpassed their latest 12 months of income, the paper reported.
Simeon Hyman, head of investment strategy at ProShares Advisors, said the key for investors is to look for companies that have the longest track record of growing dividends.
"The risk is in stretching for yield," he told "Power Lunch."
ProShares S&P 500 Dividend Aristocrats ETF are composed of companies that have at least 25 consecutive years of dividend growth, he said.
"They may not be the highest yield, but are incredibly consistent and supported by fundamentals," said Hyman. "We have been in this earnings recession, and that's one of the things that's driving those payout ratios up."