Financial Stock Dividends
Published Jan 24, 2012 on Seeking Alpha

The difficult business and regulatory environment has made it difficult for financial companies to pay strong dividend yields. Evidence of the dividend struggle for the group can be seen by looking at the most popular financial stock ETF: Financial Select Sector SPDR Fund (XLF). XLF pays a dividend of only 1.62%, well below the 2.37% dividend the Dow Jones Industrial Average (DIA) offers. The lack of a dividend yield has helped contribute to the weak performance in financial shares over the past three years. With dividends becoming increasingly more important, investors should consider financial stocks that pay dividends ahead of financial stocks that do not pay dividends. This article lists the top dividend payers in each sub sector of the financial sector. Insurance Companies Travelers Corporation (TRV) Yield: 2.74%Hartford Financial (HIG) YIeld: 2.21%Prudential (PRU) Yield: 2.65%Prudential UK (PUK) Yield: 3.82%Aflac Inc (AFL) Yield: 3.02%Allstate Corp... Read more