Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

Powerhouse Best Dividend Stock Generates 43% Return

Dividend logo

For restaurant stocks, it seems like a complete reversal of fortunes. After pinching pennies and clamping down on excess spending, Americans were finally starting to open their wallets and dine out again. Profits at various restaurants – from full-scale eateries to quick-service burger joints – were seeing rising sales, customers and, ultimately, profits. And while the sector isn’t particularly known for its dividends, those were on the rise as well.

And then something bad happened.

Americans stopped spending. By a lot. And restaurant stocks were suddenly caught between a rock and a hard place. Profits have vanished and share prices have dwindled to lows not seen in years. Some analysts have even dubbed the drubbing and the future issues facing the group the “Restaurant Recession.”

Whatever you call it, it certainly isn’t good news for stocks in the sector or your portfolio. (Another sector feeling the heat is the Apartment REITs. Find out why here.)

To read the Full Story, Go Premium or Log In

Popular Articles

News

Chubb Limited Increases Dividend by 2.9%

Each day, companies across the globe announce upcoming dividend payouts. In our Dividend Payout...

News

Comcast Leads 150 Stocks Going Ex-Dividend This Week

There are 150 stocks going ex-dividend this week starting Monday, June 26. For income investors...

Premium Shutterstock 180568652
News

The Market Glance for June 26: Economic Data, Dividend Aristocrat Headline Final Week of June

The economic calendar features several high-profile events over the next five days, giving...