5 High Dividend Savings & Loans Providing Good Returns During a Difficult Period
Recently, we compiled a list of the top 30 US Financial stocks and showed that high dividend yielding financials have performed better than low dividend yielding financials in the last 52-week period. The highest dividend financial stocks gave especially good returns to its investors in this period.
On the other hand, the overall financial sector didn’t generally display spectacular performances in the past 12 months. Within the financial sector, there were underperforming industries such as Savings & Loans, in which the stocks generally performed worse than the overall market last year.
We believe investing in the high dividend yielding stocks can still be beneficial for investors of such underperforming industries. In down markets, defensive investing in high dividend stocks provides better protection. Moreover, we are concerned about the Fed’s inflationary monetary policy, and we think investors should pick defensive stocks in order to protect themselves against inflation.
We compiled a... Read more