Dividends4Life: 3 Reasons to Buy This Great Dividend Stock

3 Reasons to Buy This Great Dividend Stock

Posted by D4L | Wednesday, November 20, 2013 | | 0 comments »

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

Click here to have future posts delivered to you for free!



Post a Comment

Note: Only a member of this blog may post a comment.


Popular Posts Last 30 Days