Deep Dive: These strong dividend payers sank with the stock market “” and now their yields have shot up

Deep Dive: These strong dividend payers sank with the stock market “” and now their yields have shot up

Opinion: the strong dividend payers sank with the stock market - and now their yields have shot up. Dan Peris of Federated Hermes highlights five sectors of the S&P 500 where income investors should look for dividend stocks that have become attractive. The U.S. stock market has been devastated, with a 28% decline from record highs and all but three S&P 500 members in the red.. Daniel Peris of Federated Hermes, as a long-term dividend-growth investor, is picking through the wreckage.. The 20-year veteran of the stock market sees many bargains that he wouldn't have bought a month ago.. The bull market had driven prices so high that yields were at historic lows.. Peris is now suggesting that investors who need income look at sectors that may not be grossly affected by the spread of the virus or the oil-price decline, and whose yields have increased considerably during the market decline that followed the S&P 500's. most recent record closing high Feb. 19.. The sectors include consumer staples, communication services, health care, utilities "and even technology," he said during an interview March 11.. "Indiscriminate selling leads to opportunities for active managers," Peris said.. is a prime example), he said that