5 Financial Services Dividend Champions to Buy Now

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In this article, we will be taking a look at 5 financial services dividend champions to buy now. To read our detailed analysis of dividend investing, you can go directly to see the 10 Financial Services Dividend Champions to Buy Now.

5. Southside Bancshares, Inc. (NASDAQ: SBSI)

Number of Hedge Fund Holders: 8
Dividend Yield: 3.48%
Number of Years of Consistent Dividend Increases: 27

Southside Bancshares, Inc. (NASDAQ: SBSI) is the bank holding company for Southside Bank. The bank offers a range of financial services to individuals, businesses, municipal entities, and non-profit organizations. Southside Bancshares, Inc. (NASDAQ: SBSI) ranks 5th on our list of financial services dividend champions to buy now.

In the second quarter of 2021, Southside Bancshares, Inc. (NASDAQ: SBSI) had an EPS of $0.65, missing estimates by $0.04. The company’s revenue was $59.70 million, missing estimates by $0.93 million. Southside Bancshares, Inc. (NASDAQ: SBSI) has gained 5.93% in the past 6 months and 21.84% year to date.

By the end of the second quarter of 2021, 8 hedge funds out of the 873 tracked by Insider Monkey held stakes in Southside Bancshares, Inc. (NASDAQ: SBSI) worth roughly $40 million. This is compared to 7 hedge funds in the previous quarter with a total stake value of approximately $43 million.



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