Amidst a backdrop of moderating inflation and shifting interest rate policies in both the U.S. and Canada, investors are closely watching market dynamics for opportunities. The recent decisions by central banks to adjust rates reflect broader economic trends that could influence investment choices, particularly in sectors like dividend-yielding stocks which may appeal in such an evolving financial landscape.
CALGARY, Alberta, June 14, 2024 (GLOBE NEWSWIRE) -- PHX Energy Services Corp. ("PHX Energy" or the "Corporation") is pleased to announce that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share designated as an “eligible dividend” within the meaning of subsection 89(1) of the Income Tax Act (Canada), payable on July 15, 2024, to shareholders of record at the close of business on June 28, 2024. About PHX Energy Services Corp. PHX Energy is a growth oriented, pu
As global markets navigate through the complexities of artificial intelligence growth and shifting economic indicators, Canadian investors might find stability and potential income in dividend-paying stocks. Given the broader market's tilt towards diversification and resilience, dividend stocks could serve as a prudent part of an investment portfolio in these dynamic times.