This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Companies Getting Ready to Hike Dividends in 2013

Stocks in this article: JNJ BBT ZMH LO WYNN

BB&T

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

BB&T (BBT) is having a good run. Since I called the regional banking name one of " 4 Banks You Should Still Buy", this stock has rallied more than 34%, besting an otherwise impressive 20% run in the S&P 500.

On the dividend front, this $21 billion firm is one of the higher-yield names, with a 20-cent payout that weighs in at a $2.6% yield.

>>5 Bank Stocks That Can't Stop Posting Profits

A handful of factors make BB&T a best-in-breed financial stock right now. Like other regional banks, BB&T has remained focused on retail and commercial banking (rather than exotic, higher-risk ventures), and the firm has been able to collect double-digit net margins for its trouble. A major part of that success has been the underwriting standards that regional names maintained before and after the financial crisis.

And more recently, BB&T has been pushing to generate more fee-based revenue, leveraging its relationships with banking customers to sell them on insurance and other financial services. The lack of financial black holes on this firm's balance sheet (compared to the bigger banks in the U.S.) make it a strong candidate to get cleared for another dividend hike this year. In the meantime, excellent relative strength in the financial sector should keep this rally going.

4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs