The Highest-Yielding Stock in the S&P 500 Just Slashed Its Dividend by 50%. The Surprising Reason Why It Could Be a Buy Now. Chemical giant Dow ( DOW -2.63%) fell 17.5% on July 24 after reporting disappointing earnings and slashing its dividend by 50%. Before the cut, Dow was the highest-yielding stock in the S&P 500.
The Highest-Yielding Stock in the S&P 500 Just Slashed Its Dividend by 50%. The Surprising Reason Why It Could Be a Buy Now.
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