Clear Secure Inc Offers Attractive Dividend Yield Above 2%
Looking at the universe of stocks covered by Dividend Channel, shares of Clear Secure Inc (Symbol: YOU) were yielding over 2% on Monday, based on its quarterly dividend of $0.50 per share, with the stock trading as low as $24.82. Dividends are crucial for investors, as they have historically contributed significantly to total market returns.
To illustrate this point, consider the performance of the iShares Russell 3000 ETF (IWV) purchased on May 31, 2000, at a price of $78.27 per share. By May 31, 2012, the share price had decreased to $77.79, reflecting a loss of $0.48, or a 0.6% decline over 12 years. However, during that period, investors collected $10.77 in dividends per share, boosting the overall return to 13.15%. Even with reinvested dividends, this results in an average annual total return of about 1.0%. Therefore, a yield exceeding 2% could be quite appealing if sustainable. Clear Secure Inc (Symbol: YOU) is part of the Russell 3000, marking its position among the largest companies in the U.S. stock markets.
Dividend amounts can be unpredictable and often fluctuate based on company profitability. For Clear Secure Inc, examining the dividend history chart below can help assess whether the recent dividend is likely to persist and if a stable 2% annual yield is achievable.
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Additional Resources:
- Dividend ETFs
- HTBK shares outstanding history
- AVO Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.