6 Opportunities For 6%+ Yields From Big Banks

A combination of a low interest rate environment and big banks cutting their dividends from the financial crisis has made the search for income investments more difficult. But there are several big bank investments available that currently offer yields in excess of 6% while keeping risk under control.

Low interest rates are putting pressure on income investors but there are options out there for those looking to invest in the big banks and collect significant income. While each investment has its own risks, I encourage income investors to give these investments a further look and consider whether to add them to their portfolio:
Preferred stocks: Bank of America Series L Preferred (BAC-L) and Wells Fargo Series L Preferred (WFC-L)
Common stocks: Citigroup (NYSE:C), Morgan Chase (NYSE:JPM), HSBC (NYSE:HSBC) and Lloyds Banking Group (NYSE:LYG)

Source: Seeking Alpha

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