This big pharma company’s juicy dividend is looking even more attractive.
Many income investors probably have mixed emotions about stocks with ultra-high dividend yields. On one hand, they love the tremendous income these stocks provide. On the other hand, they might worry more often than not about a potential dividend cut.
Pfizer (PFE 0.22%) is a case in point,
» Read more about: 3 Reasons Pfizer's 7%-Yielding Dividend Is Getting Safer »
Mutual Funds bought stocks worth Rs 45,400 crore in July, while their total cash and equivalents rose to Rs 1.85 lakh crore (5.46%) from Rs 1.82 lakh crore (5.34%) in June, according to Nuvama Institutional Equities.
The key additions across the mutual fund industry were State Bank of India (Rs 10,200 crore),
» Read more about: ITC, MCX among top stocks bought and sold by mutual funds in July »
In July, mutual funds bumped up their cash holdings by ₹2,884cr to ₹2.06Lcr—ending a two-month dip.
Now, cash makes up 5.20% of all assets under management (AUM), slightly higher than June’s 5.08%.
This move signals fund managers are treading carefully after a not-so-great Q1 earnings season.
With markets feeling shaky,
» Read more about: Why mutual funds are sitting on record cash piles »
As of July 31, 2025,
Legendary investor Warren Buffett once sounded the alarm on the hidden costs of frequent trading, warning that the habit quietly erodes wealth while enriching Wall Street.
In his 2016 Berkshire Hathaway annual letter,
A version of this story appeared in CNN Business’ Nightcap newsletter.
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Litecoin (LTC) price is showing renewed bullish strength after breaking out of an ascending channel pattern,
Tesla stock has a wide range of future outcomes. Here is what might happen if things don’t work out as investors hope.
Tesla (TSLA 0.54%) is one of the world’s largest companies by market value, worth a little over $1 trillion today.
» Read more about: Prediction: 2 Stocks That Will Be Worth More Than Tesla 3 Years From Now »
Suzlon Energy Ltd shares fell nearly 4% on Wednesday after several brokerages trimmed their target prices following the company’s June quarter (Q1 FY26) results. | Image:
Suzlon Energy
Suzlon Energy Share Price: Suzlon Energy Ltd shares fell nearly 4% on Wednesday after several brokerages trimmed their target prices following the company’s June quarter (Q1 FY26) results.
