What exactly is a dividend and why do companies pay them?

Dividends are a payment the company gives you for owning stock in their company. Owning stock in a company means that you are a partial owner of the company (as small as that ownership may be). Because more than 80% of the companies in the S&P500 pay dividends, you can…

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Kimball International, Inc. Declares Dividend

Kimball International, Inc. (NASDAQ: KBAL) announced today that its Board of Directors declared a quarterly cash dividend of nine cents ($0.09) per share for all outstanding shares of common stock payable October 15, 2021, to shareholders of record on September 25, 2021. About Kimball International, Inc.Kimball International is a leading…

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Verizon increases dividend for 15th consecutive year

The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 64 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2021, to Verizon shareholders of record at the close…

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The tax advantage of Qualified Dividends

Qualified dividends give you a passive income advantage over your ordinary working earned income. By investing money into companies that pay qualified dividends, you can get a passive income stream that has a major tax advantage. If you are in the 10-12% regular income tax bracket, you pay a 0%…

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