Importantly, in the post-Presidential election period, the prospects of the finance stocks brightened. Trump’s bias for higher rates and less-stringent financial regulations gave a boost to the stocks. In a higher rate situation, banks with higher commercial loans at floating rate tend to benefit. This is because the banks can boost their net interest margin (a proxy of the difference between the lending rate and the deposit rate). Further, insurance firms and the investment firms also tend to gain in a higher rate environment as the return of these companies held in most risk-free assets increases. Overall, finance stocks are expected to perform better in the coming months. 4 Dividend Picks from Finance...
Santa Ana, CA-based First American Financial Corp. (FAF) is a property and casualty insurance company engaged in providing title insurance policies on residential and commercial property, as well as offers related products and services. San Francisco, CA-based JMP Group Inc. (JMP) investment bank offers investment banking, equity research and sales and trading services to institutional and corporate clients. CM Finance Inc (CMFN), the New York-based asset manager, invests primarily in middle-market companies in the U.S.Over the past 60 days, its current-year estimates moved up 2.6% to $1.17 per share. Miami, FL-based WhiteHorse Finance Inc (WHF) business development company focuses on originating loans to privately held small-cap companies across a broad range of industries.
Source: InvestorPlace
Related Articles:
- 5 Dividend Stocks To Build Your Future Security
- 7 Dividend Stocks With A Low Payout Ratio
- 5 Dividend Stocks Beating the S&P With Positive Returns In Excess of 50% YTD
- Income Annuities vs. Dividend Stocks
- 8 Select High-Yield S&P 500 Dividend Stocks
Dividend Growth Stocks News
4 Financial Stocks Dividend Investors Will Love for 2017
Posted by D4L | Monday, January 09, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.