Stocks Are About to Get a $400 Billion Dividend Boost
- April tends to be strong month for equities: Morgan Stanley
- Wave of dividend payments could provide ‘temporary relief’
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Here’s a fresh reason to celebrate the end of a lousy quarter in global equities: the new one kicks off with the potential adrenaline boost of as much as $400 billion in dividends.
“We think it is no coincidence that spring is also a seasonally strong period for equities," Morgan Stanley strategists including Andrew Sheets wrote in a note to clients Wednesday. Up to $400 billion is set to be paid into investor accounts between March and May, they calculated. “April in particular tends to be a strong month for global equity returns.”