Crescent Energy Co (Symbol: CRGY) shares were yielding over 5% on Monday, trading as low as $9.43, with an annualized dividend of $0.48. This positions the company among the largest 3,000 U.S. stocks in the Russell 3000 index, highlighting its significance in the market.
Historical data emphasizes the importance of dividends as they have accounted for a substantial portion of the stock market’s total returns. For instance, the iShares Russell 3000 ETF (IWV) saw its price decrease from $78.27 to $77.79 over twelve years, yet dividends contributed to a total return of 13.15% during that timeframe.
