Advertisement
UK markets close in 8 hours
  • FTSE 100

    7,952.75
    +20.77 (+0.26%)
     
  • FTSE 250

    19,761.24
    -49.42 (-0.25%)
     
  • AIM

    742.02
    -0.09 (-0.01%)
     
  • GBP/EUR

    1.1681
    +0.0012 (+0.10%)
     
  • GBP/USD

    1.2608
    -0.0030 (-0.24%)
     
  • Bitcoin GBP

    55,961.38
    +542.27 (+0.98%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,248.49
    +44.91 (+0.86%)
     
  • DOW

    39,760.08
    +477.75 (+1.22%)
     
  • CRUDE OIL

    81.80
    +0.45 (+0.55%)
     
  • GOLD FUTURES

    2,213.60
    +0.90 (+0.04%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • DAX

    18,479.54
    +2.45 (+0.01%)
     
  • CAC 40

    8,222.86
    +18.05 (+0.22%)
     

My Favorite Dividend Stock Isn't Currently Paying a Dividend

You might be surprised to learn that MercadoLibre (NASDAQ: MELI) -- one of the world's foremost e-commerce and digital payments platforms -- paid a dividend, but suspended the payout to focus on growth. In the Dividend Stock Hour that aired on Fool Live on Oct. 29, Fool.com contributor Danny Vena explains this counterintuitive concept. Danny Vena: I'm going to go with one here that may surprise people.