US stocks are squarely in the bear market with the S&P 500 down over 20% so far this year. There is no place to hide and take shelter as most sectors are down. One of the few sectors that has performed well is the energy sector. Energy stocks are up by 29.2% YTD. Crude has …
Continue reading ‘A Review of Foreign Oil and Gas Producer Stock Returns’ »
Biotech stocks have not performed well for many months now. The sector soared in 2020 and peaked in early 2021. Despite high hopes for the industry due to vaccine development and impacts of Covid-19, stocks in the industry plunged or languished with no end in sight. The current bear market adds more pain to biotech …
Continue reading ‘Quick Post: A Look at SPDR S&P Biotech ETF’ »
The Australian equity market has returned an average of 13.2% per year from 1900 to 2021 according to the updated chart from MarketIndex. This return denotes total return – that is with dividends reinvested. Another fact to be pointed out is in the past 122 years, positive return years outperformed the number of years when …
Westpac Banking Corporation’s ADR facility has been terminated by the depository BNY Mellon. ADR holders should automatically receive the cash proceeds($14.48 per ADR) in their accounts according to a notice posted by BNY Mellon. Full details are shown below: Click to enlarge Source: BNY Mellon Earlier: Westpac Voluntarily Delisted ADRs From NYSE Disclosure: Long WEBNF
Taxes on dividends paid out to shareholders of a corporation is an important source of revenue for countries. Similar to taxes on personal income, capital gains, etc. the tax rate on dividend varies between countries. The following chart shows “the top personal dividend tax rate, taking account of all imputations, credits, or offsets” for European …