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Companies are paying record levels of dividends. The Standard & Poor's 500 index companies have sent shareholders $300 billion worth in the last 12 months, according to S&P data. The average dividend yield is a bit over 2.5 percent, and people have flocked to dividend-paying stock funds as they abandon bonds. Many brokers manage the reinvestment transactions for the shares their clients hold, helping reduce paperwork for the programs, which can be daunting. Fund companies nearly always offer them for the funds they sell investors.
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precio vardenafil espaa The index has back-tracked since hitting 13-year highs inMay and is 5.6 percent off that level as investors wait forcorporate earnings, which are still in downgrade territory, tocatch up with the index's re-rating. The FTSE 100 trades on a12-month forward price-to-earnings ratio around 13 times, aboveits 10-year average.
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