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
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
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...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
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.