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
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
This company yields 12.96%. Management already declared the regular and special September dividends. Its portfolio companies are holding up ...
-
There are 65 so-called “dividend aristocrats,” which is the name given to companies that have managed to increase their dividends for 25 con...
-
Before you go ahead and fill your portfolio with dividend stocks, it would be prudent to check out their market capitalizations as well. Sev...
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Three dividend-paying pharmaceutical investments to purchase amid the COVID-19 crisis avoid focusing solely on the top contenders for develo...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
The two dividend-paying technology stocks to consider boosted sales significantly, according to their latest quarterly financial reports, ev...
-
Like most other brick and mortar operators, this company's revenues were impacted by the pandemic in Q1-2 2020. Motor Fuel sales fell 35...
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.