3 High-Dividend Investment Services Stocks

When forming a dividend portfolio, one wants to be as diversified as possible. The problem is, when trying to find exposure to the financial sector, it is very difficult to find choices that still offer a dividend to make holding the stock worthwhile. During the recent financial crisis, Citigroup (C) cut its dividend dramatically, from a split-adjusted high of $5.40 quarterly to its current 1 cent dividend. The company hopes to bring it back after fulfilling its obligations to the government, but for now, it is not a viable option for dividend investors. The same can be said for Bank of America (BAC), whose dividend has decreased from $0.64 in 2008 to a penny today as well. Even financials that still offer reasonable dividends, such as Wells Fargo (WFC), Goldman Sachs (GS), and JP Morgan (JPM), offer a maximum yield that is under 3%. While I am extremely bullish... Read more