Investors buy Blackstone, Starbucks, and Verizon stocks
Investors are taking advantage of a recent stock market correction, which has led to higher dividend yields. Notable purchases include Blackstone, Starbucks, and Verizon, as their stock prices have fallen. Blackstone's stock has dropped nearly 30%, raising its dividend yield to 2.8%. The company returns most of its income to investors through dividends and share repurchases, with a history of increasing payouts. Starbucks' stock is down about 15%, increasing its yield to 2.5%. The company has raised its dividend for 14 consecutive years. Verizon's stock has fallen 6%, pushing its yield to 6.2%, supported by strong cash flow and ongoing investments in its network.