Most banks have come a long way in the years since the financial crisis, and many bank stocks have risen quite a bit over the past year or so. Expectations of rising interest rates, economic growth, and looser banking regulations have created a renewed sense of optimism among investors. Having said that, there are still some excellent long-term opportunities in the sector, many of which also pay attractive dividends. Here are five smart choices for dividend investors who want a piece of the banking sector.
Wells Fargo (WFC) is a longtime favorite of Warren Buffett, mainly for its consistently efficient and profitable operations. Toronto-Dominion Bank (TD), better known as TD Bank, is based in Canada, but has a large and rapidly growing U.S. presence. U.S. Bancorp (USB), the fifth-largest U.S. bank, is another Warren Buffett favorite. New York Community Bancorp (NYCB) is a niche lender. Bank of America (BAC) actually pays the lowest dividend of any bank stock on this list. However, I believe that will change in the not-too-distant future.
Source: Motley Fool
Related Articles:
- Never Fall In Love With A Stock
- My 4 Largest Dividend Growth Stock Positions Have Double-Digit Lifetime Returns
- 10 Great Dividend Stocks With 50+ Years of Consecutive Increases
- International Diversification May Be Closer than You Think
- Characteristics of Great Dividend Growth Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Over the years, few companies have served income investors better than the S&P 500 Dividend Aristocrats. To become a “Dividend Aristocra...
-
There is a company that’s doing exactly what you want to do: lending to venture growth stage businesses in the tech sector. Better yet, that...
-
Cheap valued stocks with high yields will never go out of style. I could go on about the powers of compound interest, but I think we're ...
-
First, and perhaps the most obvious, is that being able to enter biotech stocks at a cheaper price — assuming the companies are not fundamen...
-
This has got to be the most interesting high-yield opportunity to watch this earnings season. The company was already one of the most genero...
-
The steady stream of payments from dividend stocks can act as some ballast in the rough seas. After all, if you’re already getting a 3 to 4%...
-
I am adding to my existing long position in this REIT. The commercial property REIT has very convincing portfolio and dividend coverage stat...
-
In this day and age, quarterly earnings are arguably the most watched events in the stock market. And when a company reports its quarterly f...
-
Investing in real estate can be lucrative. That is, if you don’t mind taking on a second job as a landlord. Would-be investors need solid cr...
-
Owning dividend stocks can be a great way to not only grow your portfolio but also get a tax-effective cash return on your investment. Wheth...
All basically good banks but TD and WFC have scandals and lawsuits, in fact Buffett pulled his request to exceed 10% in WFC. NYCB failed in its attempt to merge with Astoria due to size. I like USB the best and will like BAC better once Buffett exercises his options.