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Donald Trump's nominee for Commerce Secretary is poised to have an outsized voice in the incoming administration. On Wednesday, he'll tout his business acumen and 'pro-sensible trade' stance.
Each dividend stock scores well for safety and has a historically high dividend yield.
The buyout-shop billionaire would need to extract himself from board positions at a number of companies including ArcelorMittal, the world's largest steel company, to serve as Trump's commerce secretary.
The real estate mogul's election is likely to buoy the stock prices of insurers like AIG and MetLife as well as asset managers since a key regulator will become dormant.