How would I invest a chunk of money today? I’d load up on dividend magnet stocks, sit back and watch Fed Chair Jay Powell pump them to the moon!

Investors need dividends that preserve purchasing power over time. Find out how EPD, O, SYY stocks offer a balance of income and growth potential long-term.

These high-yield dividend stocks should bring both growth and income over the long term. The recent 50-basis-point rate cut by the Federal Reserve is a double-edged sword for investors. They probably like that it makes more projects economical,

BASF (OTCQX:BASFY) -2.7% in Frankfurt trading Thursday after cutting its dividend and raising the possibility of splitting off some businesses, in a broad corporate overhaul that could include further plant closures in Germany as it grapples with weak demand in Europe.

German chemicals giant BASF on Thursday slashed the dividends it plans to pay out in 2025 and in the following three years to preserve cash as it grapples with weak demand in Europe and eyes splitting off several businesses.

BASF SE will cut its dividend and hive off assets as part of a broad overhaul that could involve further plant closures in Germany to counter high energy prices and a persistent slump in China.