Investing in High Dividend Yielding Asset Management Stocks

In a previous article, we compiled a list of top 30 U.S. financial stocks and showed that high dividend yielding financials have performed better than low dividend yielding financials since the beginning of this year. On the other hand, the average dividend yield of these large-cap financials is relatively low and dividend lovers may not find top U.S. financial stocks very appealing. However, we believe there are better dividend opportunities within the financial sector. Some industries contain high dividend yielding stocks which make dividend lovers comfortable to invest in. We like these high dividend stocks since they generally perform better and usually increase dividend payments over the next 5-10 years. Asset Management industry is one of the high dividend yielding industries within the financial sector. We compiled a list of 26 U.S. Asset Management stocks (the sector classifications are sourced from Finviz) by market cap (> $1B) and ranked them... Read more