Tax Deal Ups Dividends'Appeal To Companies And Investors
Posted on December 09, 2010 at 19:01 PM EST
The tax-cut deal hammered out by President Obama and GOP leaders should spur companies to boost dividends and investors to seek out high-yield stocks. Under the still-tentative deal, the top tax rate on dividends and long-term capital gains will stay at 15%. But dividend-paying stocks have not moved much because the tax bill has triggered a sharp rise in Treasury yields. If that continues, bonds, CDs and other investments might look better to