PHOENIX (AP) — A suspect is in custody after a shooting was reported in the area of the Phoenix-area Westgate shopping and entertainment district, Glendale police said.
Glendale police said Wednesday evening that early information from dispatch indicates two people were shot and one person was taken in to custody.
Police were shutting down the area for safety, authorities said.
12 Cheap Dividend Stocks to Buy Today
The markets are off to a strong start this year and major markets are trading at near all-time highs. The Dow is hovering around 30,000 and the S&P 500 is trading near 3,300. S&P 500 stocks are trading at nearly 25 times their annual earnings, well above historical norms.
At the same time, interest rates are near all-time lows. 10-year Treasuries are yielding just 1.8% and collectively S&P 500 stocks are yielding under 2%. Some investors think that it’s too challenging to find safe and affordable securities that pay 4%, 5%, and even 6% yields.
Searching for yield isn’t easy in an environment where high asset prices have driven down dividend yields, but there are a few meaningful options to find yield. With interest rates slowly beginning to rise, investors have found dividend stocks slightly less attractive. This has created a small group of cheap dividend stocks to buy, many of which have yields twice as large as the 10-year Treasury.
Let’s review some of the best cheap dividend stocks in the market today in this slideshow.
View the “12 Cheap Dividend Stocks to Buy Today”.
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