Sunday, October 14, 2007

Financial Stocks are Good High Dividend Stocks

If you look at the list of high dividend stocks available on the S&P's Dividend Aristocrat list, you will notice that a number of them are stocks in the financial and insurance sectors. The reason is simple - these stocks have typically been around for a long time, earn a lot of cash, and are constantly looking for opportunities to reward investors for their investment in the company.

Here is a quick list of these financial and insurance stocks that have increased their dividends year after year for at least 25 years:

BAC Bank of America Corp.
FHN First Horizon National
FITB Fifth Third Bancorp
MTB M&T Bank Corp.
SNV Synovus Financial
USB U.S. Bancorp
WL Wilmington Trust Corp.

Each one of these stocks might be good additions to a watch list for high dividend stocks investors.

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