ManpowerGroup Offers Attractive Dividend Yield Amid Market Trends
Investors eyeing dividend stocks should take note of ManpowerGroup Inc (Symbol: MAN), which has a current yield surpassing 5%. On Tuesday, shares traded as low as $61.53, reflecting a semi-annual dividend that translates to an annualized $3.08. Historically, dividends have been a significant contributor to the total returns in the stock market. For example, if you had invested in the iShares Russell 3000 ETF (IWV) on May 31, 2000, you would have paid $78.27 per share. By May 31, 2012, the value dipped slightly to $77.79 per share, resulting in a modest loss of 0.6%. However, the dividends collected during that time amounted to $10.77 per share, boosting the overall return to 13.15%. When reinvested, this still only reflects an average annual total return of about 1.0%. In contrast, a sustainable yield above 5% such as ManpowerGroup’s is considerably appealing.
As a member of the Russell 3000, ManpowerGroup holds a notable position among the largest companies in the U.S. stock markets. However, dividend amounts can vary and are influenced by the company’s profitability. Analyzing the dividend history for MAN below may provide insight on whether the current dividend level is likely to be sustained, and if a 5% annual yield is realistic.
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Related Resources:
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
