5 Financial Services Dividend Stocks with Over 4% Yield

In this article, we will be taking a look at 5 financial services dividend stocks with over 4% yield. To read our detailed analysis of the financial services sector, you can go directly to see the 10 Financial Services Dividend Stocks with Over 4% Yield.

5. Northwest Bancshares, Inc. (NASDAQ: NWBI)

Number of Hedge Fund Holders: 14
Dividend Yield: 5.8%

Northwest Bancshares, Inc. (NASDAQ: NWBI) is the holding company for Northwest Bank. The bank offers a range of personal and business banking solutions, while its holding company ranks 5th on our list of financial services dividend stocks with over 4% yield.

As of this July, B. Riley Securities holds a Neutral rating on shares of Northwest Bancshares, Inc. (NASDAQ: NWBI). The firm’s analyst Steve Moss also has a $14 price target on the company’s shares.

In the second quarter of 2021, Northwest Bancshares, Inc. (NASDAQ: NWBI) had an EPS of $0.24, missing estimates by $0.03. The company’s revenue of $150.44 million was up 12.62% year over year and beat estimates by $19.37 million. Northwest Bancshares, Inc. (NASDAQ: NWBI) has gained 5.21% year to date and 28.82% in the past year.

By the end of the first quarter of 2021, 14 hedge funds out of the 866 tracked by Insider Monkey held stakes in Northwest Bancshares, Inc. (NASDAQ: NWBI) worth roughly $32.7 million. This is compared to 9 hedge funds in the previous quarter with a total stake value of approximately $21.2 million.