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Financials and technology names combine for over 11% of NOBL’s weight. Healthcare, another sector forecast to boost payouts in the current quarter, is 11% of NOBL’s roster.
“This upbeat outlook is a consequence of the heady effect of tax reform legislation and propitious macro outlook, and follows an exceptional first quarter for dividends in which 128 firms announced increases (compared with 109 announced in Q1 2017),” adds Markit.
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