For investors considering adding more dividend strategies to their portfolios, now may be the time. Recently released data from Janus Henderson reports that U.S. dividend payments in 1Q24 achieved an all-time high.
The macro is currently not favorable for cyclical dividend assets such as SCHD. The U.S. economy's growth is decelerating due to restrictive monetary policy, geopolitical disruptions, and fiscal constraints. SCHD's top 10 holdings performed disappointingly in Q1, with negative operating earnings growth YoY, while the top 10 holdings in the S&P 500 reported booming profits.