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November 21, 2012

Higher taxes may not hurt dividend stocks

  • The companies are typically cash-rich and able to churn out profits, so their stock could hold up better than others, even as taxes climb.
    • By MATTHEW CRAFT
    AP Business Writer

    NEW YORK — If Washington allows tax cuts to expire at the end of the year, taxes on dividends will nearly triple for the highest-paid Americans. That's led some experts to warn of a looming collapse for popular dividend-paying stocks. When Uncle Sam charges a higher tax on something, they reason, it drives people away.

    But judging by the country's previous experience taxing dividends, that may not be how things play out.


     
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