5 Bank Dividend Stocks for 2022

3. People’s United Financial, Inc. (NASDAQ:PBCT)

Number of Hedge Fund Holders: 19

Dividend Yield: 3.99% (as of January 4)

People’s United Financial, Inc. (NASDAQ:PBCT) is a bank and financial holding company which operates through its Commercial Banking and Retail Banking segments. The firm posted an EPS of $0.33 for the third quarter, which beat consensus estimates by $0.01. In October, the company declared a $0.1825/share quarterly dividend, amounting to a 3.9% yield for shareholders.

By the end of the third quarter, People’s United Financial, Inc. (NASDAQ:PBCT) stock was found in the portfolio of 19 hedge funds from the database of 867 elite hedge funds tracked by Insider Monkey. Last quarter, 24 hedge funds reported holding People’s United Financial, Inc. (NASDAQ:PBCT) shares.