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After an extended bull run, the S&P 500 as a whole is expensively priced based on valuation metrics. So the usual chorus of warnings that the stock market is overvalued is getting louder.
Its dividend yield based on distributions over the past 12 months is 3.6%. At that rate, every $100 invested in the fund would produce $3.60 of dividend income each year.
But the company's poised for a turnaround in 2025 and beyond, and it'll pay investors a nice 4.8% dividend yield while they wait for the financial results. Where to invest $1,000 right now?