Wall Street Remains Overwhelmingly Bullish About This 9.2%-Yielding Dividend Stock Despite Economic Uncertainty and Volatility

Financial services stocks aren't enjoying the kind of year many thought they would so far in 2025. The prospects of lower interest rates and relaxation of regulations by the Trump administration seemed promising. However, those predicting a positive environment for financial services stocks weren't counting on the president's steep tariffs throwing the stock market for a loop. Nor were some of them anticipating how the fears of resurging inflation would cause the Fed to pump the brakes on further rate cuts.Uncertainty and volatility now reign. However, Wall Street remains overwhelmingly bullish about one financial services stock that offers an ultrahigh dividend yield -- Ares Capital (NASDAQ: ARCC).Continue reading

May 9, 2025 - 10:29

Wall Street Remains Overwhelmingly Bullish About This 9.2%-Yielding Dividend Stock Despite Economic Uncertainty and Volatility

Financial services stocks aren't enjoying the kind of year many thought they would so far in 2025. The prospects of lower interest rates and relaxation of regulations by the Trump administration seemed promising.

However, those predicting a positive environment for financial services stocks weren't counting on the president's steep tariffs throwing the stock market for a loop. Nor were some of them anticipating how the fears of resurging inflation would cause the Fed to pump the brakes on further rate cuts.

Uncertainty and volatility now reign. However, Wall Street remains overwhelmingly bullish about one financial services stock that offers an ultrahigh dividend yield -- Ares Capital (NASDAQ: ARCC).