Because of the recent price decline in stocks, the
dividend yields (annual dividend divided by stock price) of many
banking stocks has increased. Here are five bank stocks with very
attractive dividend yields: Citigroup (C),
4.50 percent; Bank of America (BAC),
5.40 percent; Regions Financial (RF),
4.60 percent; Wachovia (WB),
4.70 percent and Washington Mutual (WM),
5.80 percent.
Consider these stocks for a long-term dividend reinvestment portfolio.
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Posted July 28, 2007.
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