Long-term investors can find stability, consistency, and growth with bank stocks. While the more extensive money center bank stocks tend to have smaller dividends, it pays to dig a little deeper into the regional bank segment to find better dividends with more room for capital appreciation and income. Regional banks can have more room for growth and the possibility of acquisition. Remember that falling prices equate to a higher dividend yield. It pays to wait for pullback support levels to test. Here are three bank dividend stocks with outsized dividends to watch for.
New York Community Bancorp Inc. (NYSE: NYCB): This regional bank pays a hefty 7.18% annual dividend yield. They acquired Flagstar Bancorp on Dec. 1, 2022, to become one of the nation’s largest regional banks. The Bank of N.T. Butterfield & Son Ltd. (NYSE: NTB): This Bermuda-based offshore regional bank pays a 4.90% annual dividend yield. Fee-based income comprises 35% of its revenues, and securities are around 40% of its earning assets. Its loans have a heavy concentration of floating-rate debt. Canadian Imperial Bank of Commerce (NYSE: CM): This is one of Canada's largest banks, paying a 5.48% annual dividend yield. Its Q1 2023 earnings results released on Feb. 24, 2023, beat EPS estimates by CC$.022, coming in at CC$1.72.
Source: NASDAQ
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Ultimately, dividend income and capital appreciation come out of one bucket. So focusing on total return, not just dividend yield, will help you reach your destination sooner. Here are seven dividend stocks to buy from the S&P 500 that will help you retire rich by generating healthy, long-term total returns.
These seven dividend stocks to buy would make an excellent portfolio. VICI Properties (VICI): I don’t see casinos going away anytime soon. Targa Resources (TRGP): Every portfolio of dividend stocks needs an energy firm. Linde (LIN): Hydrogen is the future, and Linde taps into that. Elevance Health (ELV): This is one of the best woman-led companies in America. Microsoft (MSFT): Satya Nadella is a top-notch CEO. Arthur J. Gallagher (AJG): A family-run business that’s delivered for all shareholders. TJX Companies (TJX): It makes money in good times and bad.
Source: InvestorPlace
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Linked here is a detailed quantitative analysis of Genuine Parts Company (GPC). Below are some highlights from the above linked analysis: Company Description: Genuine Parts Co. is a leading wholesale distributor of automotive replacement parts, industrial parts and supplies, and office products.
GPC did not earn any Stars in the Fair Value section, earned one Star in the Dividend Analytical Data section and did not earn any Stars in the Dividend Income vs. MMA section for a total of one Star. This quantitatively ranks GPC as a...
Source: Dividend Growth Stocks
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When looking for stocks that pay good dividends, investors should look for companies that both have a sustainable dividend (meaning they have the cash and earnings power to cover it each year) and can grow their dividend consistently. A good way to find stocks like this is to search for dividend kings, or companies that have paid out and raised their dividends every year for at least five decades. As you might suspect, this is no easy task. There are only 43 dividend kings as of this year. Without further ado, here are three of the most dependable dividend stocks on the planet.
The property and casualty insurer Cincinnati Financial (CINF) became a dividend king more than a decade ago and has paid out and raised its dividend for an incredible 61 years. The company also sports a decent annual dividend yield of 2.27%. With nearly $32 billion in assets, the Kansas City-based Commerce Bancshares (CBSH) has paid out and raised its dividend for 54 straight years. Commerce doesn't have the highest annual dividend yield at just 1.15%, but with only about a 26% payout ratio there's room for growth. Farmers & Merchants Bancorp (FMCB) is a small roughly $5.4 billion asset bank based in California. Right off the bat, this stock trades over the counter, meaning it naturally has less liquidity, so it can be more volatile. However, Farmers & Merchants has paid and raised its dividend for 57 straight years. Its annual dividend yield is also not terribly impressive at 1.6% but with just a 17% dividend payout ratio and plenty of excess capital, the company can certainly continue to keep growing the dividend.
Source: Motley Fool
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There's no time like the present to invest in dividend stocks. Doing so kicks off the process of receiving extra income in the form of dividend payments every quarter (and sometimes every month). Some dividend stocks stand out more than others. The best ones offer exceptionally high yields along with solid underlying business models. Here are three magnificent dividend stocks to buy in March.
Ares Capital (ARCC) enjoys a distinction that no other stock on the market holds. It's the highest-yielding dividend stock owned by Warren Buffett. To be clear, Buffett's Berkshire Hathaway doesn't hold a direct position in Ares. However, the stock is owned by Berkshire subsidiary New England Asset Management. It's probably not surprising that infrastructure stocks have solid growth prospects. There's a significant need for infrastructure improvement globally. While governments across the world are investing in infrastructure, private companies are also stepping up. Brookfield Infrastructure (BIP) (BIPC) is one of them. Enbridge (ENB) offers a dividend yield of a little over 7%. In addition to this juicy yield, the company has increased its dividend payout for 28 consecutive years. This streak is likely to continue.
Source: Motley Fool
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