The five mid-sized bank stocks to purchase for dividend income and share-price appreciation also are part of an industry that typically copes well with inflation. Plus, the five mid-sized bank stocks to purchase should benefit from growing customer interest in mortgages that may be stronger vs. pre-pandemic years due to increased demand for home purchases, according to a recent report from BofA Global Research.
Woods told me his favorite way to invest in banks right now is through the Financial Select Sector SPDR Fund (NYSE: XLF). That fund has blitzed the SPDR S&P 500 ETF (SPY) so far in 2021. Capital One Financial (COF), known mainly for its credit cards and the television commercials, also is a significant mid-Atlantic banking presence after buying a regional bank 10-plus years ago. East West Bancorp, Incorporated (NASDAQ: EWBC), of Pasadena, California, has more than 120 locations in the United States and China. First Bancorp Puerto Rico (NYSE: FBP) shares outperformed peers after the company reported 3Q21 core earnings per share of 37 cents, excluding 1-cent in merger charges, beating BofA’s more conservative estimates. New York Community Bancorp (NYSE: NYCB), of Hicksville, New York, is the parent company of New York Community Bank, a New York State-chartered bank.
Source: Dividend Investor
Related Articles:
Five Mid-sized Bank Stocks to Purchase for Dividend Income and Share-Price Appreciation
Posted by D4L | Thursday, November 18, 2021 | ArticleLinks | 0 comments »________________________________________________________________
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 ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.