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Posted on 29/05/02

Dividend-yielding stocks: old, boring -- but steady

INVESTMENT REPORTER

Investors searching for solid returns in a languishing equity market are too often overlooking the old, stalwart dividend-yielding stocks, a Wall Street strategist says.Richard Bernstein, chief U.S. strategist at Merrill Lynch & Co., thinks a "wave of conservatism" will drive markets for years to come as investors become increasingly cautious.

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