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These are the dividend stocks that will hold up in a weakening economy in 2024, says this highly rated money manager

Por: MarketWatch Politics December 07, 2023

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The Federal Reserve’s change in monetary policy during 2022 led to a rapid increase in interest rates and an 18.1% decline for the S&P 500 that year. (All investment returns in this article include reinvested dividends.) But the BNY Mellon Income Stock Fund’s Class M shares MPISX returned 4.4% during 2022 and its Investor shares MIISX returned 4.3%. Those fund returns were after annual expenses, which come to 0.83% of assets under management... + full article



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