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Rebalance S&P 500 will impact Apple and Google

In November 2017, S&P Dow Jones Indices announced changes to the Global Industry Classification Standard (GICS) structure. These changes will be effective for the Indexes after the close of business on September 21, 2018 (the “Rebalance Date”). In particular, the current Telecommunication Services Sector will be broadened and renamed the Communication Services Sector. The Communication…

Procter & Gamble raises dividend

The Procter & Gamble Co. (P&G) declared an increase in the quarterly dividend to 71.72 cents a share.  This is a 4% increase compared with the previous quarterly dividend ($0.69). P&G has increased its dividend for the 62nd straight year and the company expects total dividend payments to shareholders of nearly $7.5 billion in fiscal…

Millennial investors unrealistically high income expectations

Millennial investors (those aged 18-35) have unrealistically high income expectations, a worryingly short-term investment outlook, and many dependencies to support both now and in the future, according to the Schroders Global Investor Study 2016. This report surveyed 20,000 end investors in 28 countries. Schroders Global Investor Study revealed: Millennials demand more income (10.2%) than other…