Dividends4Life: My Favorite Regional Bank Stock: 3% Dividend Yield, Uninterrupted Dividends Since 1903

Dividend Growth Stocks News

Bank stocks have gone nowhere this year. But with interest rates likely to increase going forward, bank stocks have a good chance at returning to growth next year. Specifically, regional banks are especially attractive because they tend to have more stability in their business models with less volatility than bulge-bracket banks that engage in trading. This bank is a cheap stock, with a 3.1% dividend yield, and a growth strategy through acquisitions. It is my favorite regional bank stock today...

BB&T Corporation (NYSE:BBT) is my favorite regional bank stock to buy right now. BB&T is a slow-and-steady bank that generates steady profits each year, and has a long history of paying dividends. I'm adding this bank stock to my watch list, ready to pounce if this sell-off continues. The first thing I like about BB&T is its long history of cash dividends to shareholders without interruption. Even during the financial crisis, when many big banks cut or suspended dividends altogether, BB&T kept on chugging along.

Source: Seeking Alpha

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