If you buy bank stocks, you could do a whole lot worse than New York Community Bancorp (NYSE: NYCB). The New York City-based regional bank is, hands down, one of the best in the business. Led by a group of long-term executives who, unlike the vast majority of corporate executives, take their fiduciary duties seriously, it's outpaced the broader market by leaps and bounds since going public in 1994.
While the first thing that may come to mind when you see this chart is the axiom that "past performance is no guarantee of future success," I'm here to tell you that there are at least three reasons to believe that New York Community Bancorp may be an exception to this rule:
1. Exceptional credit management
2. Shareholder-friendly capital allocation
3. Insider ownership
Source: Motley Fool
Related Articles:
- 9 High Rated, Lower Debt Dividend Stocks With A Reasonable Payout
- 4 Dividend Stocks To Avoid The Social Security Blues
- Who is Ben Grossbaum and Why Should We Listen to Him?
- 9 High-Yielding Mega-Cap Stocks
- Best Stocks for 2013
3 Reasons to Buy This Great Dividend Stock
Posted by D4L | Wednesday, November 20, 2013 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
GameStop (NYSE:GME) lost about 40% of its market value over the past three years, as rising digital downloads and declining mall traffic thr...
-
In a capitalistic society, opportunities to generate (mostly) passive income are all around us. Dividend growth investing is one of the most...
-
Investors buy dividend stocks for a few reasons. For one, they provide income via dividends that act as a bonus on top of capital appreciati...
-
These elite income producers have rallied this year. Their brilliance at producing passive income seems to have caught the market's eye ...
-
If you are looking for reliable dividends, these three Dividend Kings should be right up your alley. Dividends are paid at the discretion of...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consid...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
-
When many investors think about tech stocks, they often think first about high-growth names that come with outsized risk -- not mature, divi...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.