Mid-cap S&P500 financial stocks have higher dividend yields than large-cap financial stocks. We prefer high dividend stocks since they generally perform better and increase their dividend payments over five to 10 years. We also believe investors should consider picking higher dividend stocks when they seek protection against inflation in the current monetary environment.
Below, we provide a list of 30 S&P500 financial stocks — the sector classifications are sourced from Finviz and the market data are sourced from Fidelity — that have a market cap between $5B and $15B and ranked them based on their annualized dividend yields.
Read the entire article and our discussion here.