Many dividend investors are overlooking these three obvious opportunities. It’s time to acknowledge the financial crisis is in the rear view mirror for some banks. In particular, we highlight three big bank stocks that have big growing dividends, very low risk, and the potential for very big price appreciation. We own two of them, and we’re considering purchasing the third.
Income investors have been so focused on traditional high-dividend low-volatility stocks (like utilities and REITS, which are currently carrying very rich valuations) that they are overlooking the increasing attractiveness of some big bank stocks. In particular, M&T Bank is worth considering.