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Money Center Banks Stocks Pay Good Dividends

Many money center banks offer safe dividends, which make them excellent candidates for dividend reinvestment. Many of these large banks pay dividends with an annual yield greater than three percent.

Money Center Bank Stocks
Company
Symbol
Annual Dividend
Dividend Yield
Bank of America
$2.56
5.40%
Bank of Nova Scotia
$1.81
3.50%
Bank of New York Mellon Corporation
$0.96
2.00%
Barclays
$2.98
6.70%
Canadian Imperial Bank of Commerce
$3.46
3.50%
Citigroup
$2.16
5.20%
JPMorgan Chase
$1.52
3.30%
KeyCorp
$1.46
5.10%
PNC Financial Services Group
$2.52
3.60%
Royal Bank of Canada
$2.07
3.80%
SunTrust Banks
$2.92
4.10%
TCF Financial Corporation
$0.97
4.20%
Toronto-Dominion Bank
$2.30
3.30%
United Bancshares
$0.56
3.80%
Wachovia
$2.56
5.60%
Wells Fargo
$1.24
3.60%
Westpac
$6.24
4.98%
All data are from finance.yahoo.com as of October 25, 2007.


Related Articles:

Dividend Reinvestment Portfolio
Regional Banks Stocks


Posted June 26, 2007. Updated October 26, 2007.



 

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