Meet the 3.6%-Yielding Dividend King Stock That's Up 25% in 3 Months
Kenvue (KVUE) The Motley Fool·2024-10-26 22:12
An activist investor is taking a stake in Kenvue stock. Companies that pass along profits to shareholders through dividends can be great for generating passive income. But the stock prices of income-focused companies don't always keep pace with a growth-fueled stock market rally. However, that hasn't been the case for Kenvue (KVUE -1.44%), at least not lately, with the stock up big in just a few months. Here's what's driving the maker of Band-Aid and other products higher, and whether you should buy the div ...