4 Financial Dividend Giants Paying 7%+
Recently Financials have been very shaky and extremely risky. However, if we learned anything from March 2009, it is that strong financial stocks can make a very big recovery. Two examples are: General Growth Properties (GGP), which went from $0.46 to $13 (2,726% upside) or iStar Financial Inc. (SFI), which went from $0.75 to $6 (700%).
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I feel that in order to see substantial gains in the market one must do substantial research in order to find stocks that are being sold at a true "value." A momentarily bad quarter and shifting market sentiment has pushed the market low, on some stocks more than on others. Starting this year it seems financials have begun to recover very nicely and I expect this to continue throughout the year.
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Below I have screened four stocks that I believe are good dividend plays and additions to a... Read more