3 Financial Stocks With Safe Yields Over 3%

Many companies in the financial sector are now better equipped to handle adverse economic conditions. Their business models also make them more insulated from rising interest rates, as higher rates can actually be a tailwind for these companies. This means that the dividends should be more secure than they were just prior to the Great Recession. This article will examine three financial stocks in the financial sector that have safe dividends yields of at least 3%.

Financial stocks are more insulated from high interest rates, and these three also offer impressive dividend yields. Bank OZK (OZK): This regional bank is in a number of populous states and performed well during the Great Recession. Morgan Stanley (MS): With a worldwide presence, Morgan Stanley boasts nearly unmatched size and scale. Old Republic (ORI): This impressive Dividend King has raised its dividend for 41 years.

Source: InvestorPlace

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