Investing in High Dividend Credit Services Stocks

Financial stocks haven’t been appealing to dividend lovers recently. In our article, we showed that the high dividend yielding financial stocks performed better than low dividend yielding financial stocks in the last 52-week period. However, most of these mega-cap financials don’t have high dividend yields that are attractive for dividend investors.
We believe there are still attractive dividend opportunities within the financial sector. Some industries, like credit services, may contain high dividend yielding stocks that dividend seekers may love, although the average dividend yield of the stocks in these industries are still low compared to other industries. We prefer high dividend stocks since they generally perform better. We are also concerned about the Fed’s inflationary policy and want to protect ourselves against inflation by defensive investing in high dividend yielding stocks.
We compiled a list of 33 credit services stocks (the industry classifications are sourced from Yahoo) and ranked them... Read more