Nasdaq top dividend stocks

The communications sector is composed of a broad range of companies that sell phone and internet services via traditional landline, broadband, or wireless. The communications sector also includes companies that are major creators and producers of movies, television shows, and other content. Well-known companies in the communications sector include Meta Platforms Inc. (formerly Facebook), Comcast Corp., and T-Mobile US Inc. Communications stocks, represented by a benchmark exchange-traded fund (ETF) —The Communication Services Select Sector SPDR ETF ( XLC )—have significantly underperformed the broader market as represented by the Russell 1000 Index . XLC has provided a total return of -24.1% over the past 12 months, behind the benchmark Russell 1000’s total return of -7.0%. These market performance figures and all statistics in the tables below are as of May 20, 2022. Here are the top three communications stocks with the best value, the fastest growth, and the most … [Read more...] about Top Communications Stocks for June 2022

Wall Street's main indexes rose over 1% on Friday as signs of slowing economic growth and falling commodity prices tempered expectations over how high the Federal Reserve will raise interest rates to rein in inflation. Global financial markets have been roiled this month on worries that rapid rate hikes by major central banks could cause a recession, with the benchmark S&P 500 (.SPX) confirming a bear market last week as it recorded a 20% drop from its January closing peak. The three main indexes on Friday looked set to notch their first weekly gain in four, boosted by megacap growth stocks and defensive sectors such as healthcare and utilities seen as safer bets during times of economic uncertainty. "Conversations about the U.S. economy likely slowing which could lessen the hawkishness of the Fed, combined with lower commodity prices and bond yields - these are reasons investors are mentioning to justify why we could experience a near-term bounce," said Sam Stovall, … [Read more...] about Wall Street rallies as traders dial back rate-hike bets

Share to Twitter Share to Linkedin Stocks continued their descent last week, with the S&P 500 now well into bear market territory at -23% from the high. While most define bear markets as a decline of 20% from the high, some pullbacks just kiss that level or don’t result in widespread carnage across all sectors. What we saw last week certainly qualifies the current situation as a “real” bear market. First, the S&P 500 was down almost 11% during the previous two weeks. Secondly, all sectors participated in the sell-off. Whether it is “profit-taking” or “selling what you can rather than what you want to,” this indiscriminate liquidation is the hallmark of a bear market. For example, energy stocks, which had been almost impervious to the market weakness this year, declined 17% last week! That still leaves energy up 31% and the only sector in the green year-to-date. Utilities, which were only slightly lower before last week, underperformed the market over … [Read more...] about Welcome To The Real Bear Market

Nandan Nilekani IT services firm Infosys gave capital return of over Rs 24,100 crore (about $3.1 billion) in 2021-22 with a total dividend of Rs 31 per share along with share buyback of over Rs 11,000 crore, company's co-founder and chairman Nandan Nilekani said on Saturday. While speaking at the 41st Annual General Meeting (AGM) of the company, Nilekani announced that the 2021-22 fiscal has been a year of exceptional growth 19.7 percent in constant currency bringing in $16.3 billion, which is the fastest growth that Infosys has recorded in 11 years. He said that the company's board has recommended a final dividend of Rs 16 per share which along with the interim dividend of Rs 15 per share leads to a total dividend of Rs 31 per share in FY2022. "With this, the company has announced a total dividend of approx. Rs 13,000 crore for FY22. Along with the share buyback of over Rs 11,000 crore completed in September, the total capital return in FY22 is over Rs 24,100 crore," Nilekani … [Read more...] about Infosys gives capital return of over Rs 24,100 crore in FY22: Nandan Nilekani

Wall Street, New York City (File image: Reuters) Wall Street's main indices soared on Friday in a broad rally as signs of slowing economic growth and a recent pullback in commodity prices tempered expectations for the Federal Reserve's rate-hike plans. The S&P 500 rose over 3% for its biggest one-day percentage rise since May 2020. All 11 of the benchmark index's sectors ended at least 1.5% higher. Stocks rebounded this week as financial markets have been roiled over worries that rapid rate hikes by the Fed to rein in 40-year-high inflation could cause a recession. Still, investors have been gauging when the market might hit its bottom after the benchmark S&P 500 earlier this month recorded a 20% drop from its January closing peak, confirming the common definition of a bear market. "Some of the moves, the sellers just get exhausted so you don’t have as much capital moving out," said Shawn Cruz, head trading strategist at TD Ameritrade. "This might be a … [Read more...] about Wall Street mints big gains to end a strong week

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Shares of Tata Power Co fell as much as 7% to hit a two month low tracking a fall in local equity markets. The stock touched a low of Rs 223 -- a level last seen on 8 March 2022. Since 6 April, Tata Power has declined 20% while Sensex and Nifty lost around 9% each. Tata Power's March quarter (Q4FY22) adjusted profit after tax (PAT) of Rs 653 crore (up 66.3% on year) came 4% above estimate of Rs 632 crore primarily on account of higher dividend income and tax benefit from Coastal Gujarat Power Ltd (CGPL) merger in standalone business (PAT at Rs 1770 crore versus net loss of Rs 159 crore a year ago) and good performance from renewable energy (RE) business. Coal mining performance was disappointing with 36% sequential decline in PAT at Rs 397 crore owing to lower volumes and lower … [Read more...] about Tata Power falls 7% to hit two month low

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Standalone quarterly numbers for SR Industries are: Net Sales at Rs 2.41 crore in March 2022 down 43% from Rs. 4.22 crore in March 2021. Quarterly Net Profit at Rs. 1.21 crore in March 2022 up 304.43% from Rs. 0.30 crore in March 2021. EBITDA stands negative at Rs. 0.54 crore in March 2022 down 124.32% from Rs. 2.22 crore in March 2021. SR Industries EPS has increased to Rs. 0.60 in March 2022 from Rs. 0.15 in March 2021. Close SR Industries shares closed at 1.85 on June 23, 2022 (BSE) and has given -29.12% returns over the last 6 months and -37.29% over the last 12 months. SR Industries Standalone Quarterly Results in Rs. Cr. Mar'22 Dec'21 Mar'21 Net Sales/Income from operations 2.41 5.22 4.22 … [Read more...] about SR Industries Standalone March 2022 Net Sales at Rs 2.41 crore, down 43% Y-o-Y

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Consolidated quarterly numbers for R Systems International are: Net Sales at Rs 343.11 crore in March 2022 up 38.54% from Rs. 247.65 crore in March 2021. Quarterly Net Profit at Rs. 29.69 crore in March 2022 up 19.31% from Rs. 24.88 crore in March 2021. EBITDA stands at Rs. 46.80 crore in March 2022 up 30.04% from Rs. 35.99 crore in March 2021. R Systems Intl EPS has increased to Rs. 2.51 in March 2022 from Rs. 2.08 in March 2021. Close R Systems Intl shares closed at 217.75 on June 23, 2022 (NSE) and has given -28.38% returns over the last 6 months and 54.21% over the last 12 months. R Systems International Consolidated Quarterly Results in Rs. Cr. Mar'22 Dec'21 Mar'21 Net Sales/Income from operations … [Read more...] about R Systems Intl Consolidated March 2022 Net Sales at Rs 343.11 crore, up 38.54% Y-o-Y

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Standalone quarterly numbers for New Light Apparels are: Net Sales at Rs 1.68 crore in March 2022 up 1.97% from Rs. 1.65 crore in March 2021. Quarterly Net Loss at Rs. 0.52 crore in March 2022 down 258.52% from Rs. 0.33 crore in March 2021. EBITDA stands negative at Rs. 0.57 crore in March 2022 down 209.62% from Rs. 0.52 crore in March 2021. New Light Appar shares closed at 13.00 on June 23, 2022 (BSE) and has given -60.49% returns over the last 6 months and -51.94% over the last 12 months. Close New Light Apparels Standalone Quarterly Results in Rs. Cr. Mar'22 Dec'21 Mar'21 Net Sales/Income from operations 1.68 1.67 1.65 Other Operating Income -- -- -- Total Income From Operations 1.68 … [Read more...] about New Light Appar Standalone March 2022 Net Sales at Rs 1.68 crore, up 1.97% Y-o-Y

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Consolidated quarterly numbers for Rajapalayam Mills are: Net Sales at Rs 168.03 crore in December 2021 up 37.46% from Rs. 122.24 crore in December 2020. Quarterly Net Profit at Rs. 19.06 crore in December 2021 down 36.82% from Rs. 30.17 crore in December 2020. EBITDA stands at Rs. 31.01 crore in December 2021 up 121.34% from Rs. 14.01 crore in December 2020. Rajapalayam EPS has decreased to Rs. 22.00 in December 2021 from Rs. 41.00 in December 2020. Close Rajapalayam shares closed at 313.00 on January 29, 2015 (NSE) Rajapalayam Mills Consolidated Quarterly Results in Rs. Cr. Dec'21 Sep'21 Dec'20 Net Sales/Income from operations 168.03 171.45 120.52 Other Operating Income -- -- 1.72 Total … [Read more...] about Rajapalayam Consolidated December 2021 Net Sales at Rs 168.03 crore, up 37.46% Y-o-Y