Top 5 Asset Management Companies Paying Dividends of 3% or More
A trustworthy manager with good profit record can offer unexpectedly high returns. Most asset management companies share their profits with their shareholders in terms of fat dividend checks.
Here
is a list of the top five asset management companies with reasonable P/E ratios paying excellent dividends. All of the following companies offered a dividend yield of 3% minimum, and have a minimum market capitalization of $300 million. Data is derived from finviz:
Federated Investors Inc. (FII):
FII provides investment services to investment companies, pooled investment vehicles, banking or thrift institutions, high net worth individuals as well as registered investment advisors. Federated Investors has a market cap of $2.75 billion, and a trailing ratio of 15.3. The forward P/E ratio is 13.03. FII had an annualized EPS growth of %3.04 over the last five years. FII has a profit margin of 18.8 and a dividend yield of 3.60%.
Recent dividend history... Read more