BALTIMORE (Stockpickr) -- In the past few years, financial stocks have been like poison for income investors. No other sector so brutally slashed at dividends when the financial crisis hit in 2008 -- and few have kept their payouts so low in the years since.
So why bother looking at them now?
To be fair, there were some extra factors pressuring dividend payouts. After the crash, banks' dividends became the business of the Treasury, which gets to regulate who can pay dividends and how much they can pay. And beyond bank holding company status, heightened capital requirements are another overhead pressure on dividend payouts.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV