3 Higher-Yielding Financial Services Stocks With Rising Dividends

The Financial Services Sector includes insurance companies, banks, brokerages, mutual funds and other similar companies. Before the 2008-09 financial services meltdown, these stocks were the cornerstone on many income portfolios. The companies were flush with cash, their stocks provided relatively high yields, good dividend growth rates and carried very little perceived risk. Unfortunately, things are not always as they seem. Under the surface banks were making questionable loans, while investment firms were creating and peddling exotic financial instruments. In effect, their CEO's were building houses of cards in a hurricane - it was destined to come tumbling down, and it did.

You can complain about these companies, or invest in the industry and profit from them. I've chosen the latter. This week, I screened my dividend growth stocks database for Financial Services companies with a yield at or above 3.5% and have increased their dividends for at least 14 consecutive years. The results are presented below...

Source: Dividend Growth Stocks

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