The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Stocks in Asia slipped on Tuesday, while investors looked toward a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen later in the...Asia Marketsread more
A week of dovish fireworks out of the central banking community has just gone by with most of the world's leading central banks now guiding towards easing in light of downside...Commentaryread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, China's Ministry of Commerce...World Economyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
U.S. President Donald Trump's senior adviser Kellyanne Conway will not testify before the House of Representatives Oversight Committee this week on her alleged violations of...Politicsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
PatientsLikeMe was bought by UnitedHealth following a review by Trump's Treasury Department, which scrutinized the start-up because it's backed by Chinese cash.Technologyread more
Investors are missing out on billions of dollars thanks in part to some large-cap tech stocks.
If Alphabet, Amazon and Facebook (along with Berkshire Hathaway) paid shareholder dividends at the 2.37 percent average yield of other S&P 500 companies that do so, it would shake out another $32.2 billion for investors, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices.
Those hypothetical payments would increase the S&P index's overall yield by 7.6 percent, he said.
Investors pick dividend-yielding stocks because they typically have safer returns, unlike more glamorous high-flying tech stocks.
But don't expect these tech companies to pay a dividend anytime soon. Tech stocks have had a long history of either paying small dividends or none at all.
"During the 1990s, tech didn't typically pay dividends and they drove the stock market back then," said Kim Forrest, senior equity analyst at Fort Pitt Capital. "Back then, companies were telling people they were going to take their earnings and reinvest them because they needed to grow. This still holds true."
Tech has been far and away the best-performing sector in the this year, rising 27 percent. The sector's gains have also been a key catalyst for the overall market, which continues to notch record highs.
The S&P tech sector had a dividend yield of 1.36 percent during the third quarter, the lowest of the 11 sectors and well below the overall S&P 500 of 1.97 percent, according to Silverblatt.
"There has been a disdain for dividend in tech companies because it suggests that companies don't have anywhere else better to invest their money," said Scott Kessler, a tech analyst at CFRA. "It also raises concerns that the growth trajectory of a company could be in trouble."
Kessler also pointed out that Microsoft — once the stalwart of the tech world — saw its stock take a hit after declaring its first dividend payment in 2003.
Between Jan. 17 and March 11 that year, Microsoft saw its shares fall 11.4 percent.
Microsoft Jan. 17, 2003- March 11, 2003