As the foundation of the U.S. economy, the financial industry may be the best indicator of U.S. economic health through the use of small business loans and mortgage loans and credit card services. However, if investors want to invest in banks and other financial stocks, investors do not have to rely solely on these macro trends. Some of the industry’s options are simply to manage a stable loan or other portfolio of assets and then distribute a portion of the profits to shareholders through a large amount of dividends. If you are looking for low-risk bank stocks that mainly provide income potential, here are nine options to consider.
Top Financial Stocks to Buy For 2019: Royal Bank of Canada (RY)
Why start north of the border when looking for the best dividend stock in the financial sector? Since Canadian banks have many advantages in the U.S. financial industry, their business management structure is slightly more stringent, and historical dividend yields are slightly higher. This made the 100 billion U.S. Royal Bank of Canada brutally attacked. Investors have gained greater stability and substantial income guarantees over the years. Please note that as a foreign stock, the quarterly dividend is inconsistent with one cent. However, the small fluctuation in expenditure is a small fee paid by the dividend machine.
Top Financial Stocks to Buy For 2019: Navient Corporation (NAVI)
Navient is an unprecedented Sallie Mae, one of the largest student loan companies. As more and more student loan debt crisis is increasingly frustrated, NAVI has become the target of regulators and consumer advocates, so the competition between shareholders has been very difficult. However, its core business is a stable and reliable dividend center. If you can exchange succulent dividends for small fluctuations in stock prices, this student loan lender is worth a look. Major changes in student loan behavior or the high cost of universities are imminent, and NAVI is a good choice in the current environment.
Top Financial Stocks to Buy For 2019: JP Morgan Corporation (JPM)
JPMorgan has long been one of the most respected banks in the United States. The bank performed better than most banks during the financial crisis and was stable enough to acquire troubled peers at surprisingly low prices. The result is the largest commercial bank in the United States, with about 2.1 trillion U.S. dollars in assets. In the payment of dividends, this stability has made this stock a lot of certainty. It is worth noting that in 2014, the dividend return of JPM exceeded the dividend payout level in 2008. In the deep quarter of the financial crisis, the amount paid was only increased from 20 cents to 2.24 dollars per quarter.
Top Financial Stocks to Buy For 2019: Wells Fargo Bank (WFC)
Another notable bank is Wells Fargo. This is the second-largest commercial bank in the United States after JPM, and there are similar situations in which the recession of the Great Recession is better than most other industries. Specifically, WFC boldly bets, returning mortgage loans faster than other stocks – by 2012, about one-third of new mortgages were initiated by banks. For this financial stockholder and shareholder, this ambitious decision made the recovery of the real estate market promising.
Top Financial Stocks to Buy For 2019: SunTrust Bank (STI)
However, the market value of SunTrust, which is headquartered in Atlanta, is not large, but its market value of more than 30 billion US dollars will certainly not be too low, and in the past five years the stock price has more than doubled, this area bank seems to be doing right s things. This is because STIs are subject to certain bank risks such as JPMorgan Chase, such as large investment institutions that may be hit or missed. Instead, SunTrust is the perfect Goldilocks stock – not too big but not too small, with more than 1,400 branches and $200 billion in assets.
Top Financial Stocks to Buy For 2019: Bancolombia (CIB)
Looking at opportunities outside the United States, South American financial stock Bancolombia is a more thorny issue for banks. Due to poor loan performance and impaired profits, the stock price has been struggling recently. This is partly due to the fact that the rapid growth rate of GDP has faded by about 3%. However, the Organisation for Economic Co-operation and Development said that strong domestic demand is driving consumption and investment in the region. Cyclical stocks like CIB will benefit first. Although the risk of this emerging market stock is high, the generous yield and potential appreciation of the stock price make it worth looking at in 2018.
Top Financial Stocks to Buy For 2019: Ares Capital Corporation (ARCC)
Ares Capital is a business development company that operates almost like a hedge fund. Investors provide management capital to invest and then return 90% of their net income to shareholders in the form of dividends. ARCC is one of the best BDCs, because even if its stock appreciation sometimes lags behind the broader market, its payment is also consistent and reliable. For income investors willing to bear the volatility of stocks, there are currently few other places in the financial sector that can provide this rate of return.