5 Financial Companies Paying Dividends of 4% or More
Although the collapse in 2008 did some damage to the financial sector, it is still a brilliant sector offering excellent profits to investors. The financial companies offer magnificent dividends and are extremely low-priced when compared to other sectors. Although the average volatility of the sector is relatively high, it may return fast and large profits in an upward market. Here is a list of five mid-cap financial stocks paying outstanding dividends and priced with low P/E ratios. All of the companies pay a minimum 4% dividend yield (data derived from Finviz/Morningstar and is current as of July 18):
KKR & Co. (KKR):
KKR may
bid
for Acibadem, a Turkish hospital chain. As of July 18, the New-York based company has a market cap of $3.27 billion, a P/E of 8.69 and a forward P/E of 6.57. Analysts expect the company to have a 14.00% EPS growth in the next five... Read more