Ahead of its monthly payout of 19 cents per share, investors lapped up shares of Main Street Capital Corp. (MAIN ) with the intention to capture its dividend, as the share price remains as steady as ever.
Two weeks ago, investor interest was seen in UPS (UPS ) and Home Depot (HD ), primarily because of the festive season and hurricane season. This week, however, the Most Watched Stocks List was very quiet, with few rank changes.
Monthly dividend payer MAIN, 15 days from today, has the opportunity to give investors and traders alike a quick 0.5% yield based on current share price. This opportunity presents itself again on November 20, as the stock once again goes ex-dividend with the same payout.
Another stock that saw its rank move up by one place was Boeing (BA ). Amidst all the war rhetoric, Boeing has quietly notched up a 7% gain in the past one month. Boeing is up more than 65% this year yet its yield remains a solid 2.22%. This yield would not have been maintained if the company hadn’t raised its dividend, because yields and stock prices move in opposite directions.
Boeing has raised its dividend by more than 30% since the beginning of this year. Find out its complete dividend payout history here.
Other stocks that moved up on the list were retail giant Target (TGT ) and United Technologies (UTX ), which just had a massive merger in the aerospace & defense space. Wells Fargo (WFC ) also moved up a notch to the 41st place on the list.
Check out all the changes in last week’s Most Watched Stocks List here.
Our Most Watched Stocks List is a user-generated, interest-based ranking of dividend-paying stocks, giving you a real-time snapshot of buying interest in the market. Generated by our Premium members’ watchlists, it’s aggregated and ranked by the most watched criteria.
The list has been designed to help income investors navigate the top dividend stocks being tracked by one of the world’s most advanced investing communities.