3 Under The Radar Dividend Stocks In Agriculture As $20B From Biden Inflation Bill Flows To Farms
Now that President Joe Biden signed the Inflation Reduction Act, the agriculture industry is anticipating roughly $20 billion in subsidies over the span of 10 years to encourage farmers and ranchers into using environmentally friendly practices to reduce carbon emissions. Although inflation remained unchanged for the month of July at 8.5% over the past twelve months, the food at home index increased 1.1% in July, causing Americans to spend more for less when grocery shopping for their families. One simple way to earn a passive income is to purchase dividend stocks benefiting from the surplus of demand in the agricultural sector , partially driven by the impact of the Russia-Ukraine war. Scotts Miracle-Gro The Scotts Miracle-Gro Company (NYSE: SMG ) is offering a dividend yield of 3.22% or $2.64 per share annually with quarterly payments, with a notable track record of raising its dividends over the past 13 years. Scotts Miracle-Gro is … Full story available on Benzinga.com
3 Under The Radar Dividend Stocks In Agriculture As $20B From Biden Inflation Bill Flows To Farms
Now that President Joe Biden signed the Inflation Reduction Act, the agriculture industry is anticipating roughly $20 billion in subsidies over the span of 10 years to encourage farmers and ranchers into using environmentally friendly practices to reduce carbon emissions. Although inflation remained unchanged for the month of July at 8.5% over the past twelve months, the food at home index increased 1.1% in July, causing Americans to spend more for less when grocery shopping for their families. One simple way to earn a passive income is to purchase dividend stocks benefiting from the surplus of demand in the agricultural sector , partially driven by the impact of the Russia-Ukraine war. Scotts Miracle-Gro The Scotts Miracle-Gro Company (NYSE: SMG ) is offering a dividend yield of 3.22% or $2.64 per share annually with quarterly payments, with a notable track record of raising its dividends over the past 13 years. Scotts Miracle-Gro is … Full story available on Benzinga.com