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Five Large Bank Stocks With Dividend Yields Over Six Percent

Falling prices have driven up dividend yields of many bank stocks, with a few yielding over six percent. Here are five such stocks, each of which has a market cap greater that ten billion dollars plus a record of increasing dividends year after year for many years.

But use caution with these and any bank stock in the current market environment because buying on the price downside is always risky. But after these stocks have stabilized, consider them candidates for a long-term dividend reinvestment portfolio.

Five Bank Stocks With Dividend Yields Over Six Percent
Bank & Web Site
Quote
Annual Dividend
Dividend Yield
Bank of America
$2.56
6.07%
Comerica
$2.56
6.22%
Fifth Third Bancorp
$1.68
6.32%
KeyCorp
$1.46
6.44%
Regions Financial
$1.52
6.33%
Note: Dividend data from www.reuters.com as of December 14, 2007.


Related Articles:

Falling Stock Prices Benefit Long-term Dividend Reinvestment Portfolios
Falling Prices Push Up Dividend Yields
Look Here For Rising Dividends
Why Dividends Matter


Posted December 16, 2007.


 


 

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