Seeking Alpha
Value, growth, long-term horizon, medium-term horizon
Profile| Send Message|
( followers)  

The following is a list of small-cap financial stocks that have a track record of raising dividends. All of the stocks mentioned below have market cap values below $2.0B.

To control the quality of the list, we only focused on stocks with trailing twelve month payout ratios below 50% (to maximize the probability of finding companies that have the ability to keep paying their dividends).

If you're an income investor interested in getting involved with the financial sector, this list might offer an interesting starting point. Full details below.

Dividend yields, TTM payout ratios and industry comps sourced from Reuters, short float and performance data sourced from Finviz.

Interactive Chart: Press Play to compare changes in market cap for the top six names mentioned below. Note: The numbers on top of items represent the forward P/E ratio, if available.

The list has been sorted by dividend yield.

1. Safety Insurance Group Inc. (NASDAQ:SAFT): Property & Casualty Insurance Industry. Market cap of $742.68M. Current dividend yield at 4.05% vs. industry average at 1.56%. Dividend growth rate over the past five years at 29.46% vs. industry average at 17.63%. TTM Payout Ratio at 47.76% vs. industry average at 47.48%. Short float at 2.6%, which implies a short ratio of 10.4 days. The stock has gained 42.88% over the last year.

2. Flushing Financial Corp. (NASDAQ:FFIC): Savings & Loans Industry. Market cap of $453.29M. Current dividend yield at 3.58% vs. industry average at 1.75%. Dividend growth rate over the past five years at 8.24% vs. industry average at 7.43%. TTM Payout Ratio at 46.73% vs. industry average at 19.84%. Short float at 2.59%, which implies a short ratio of 7.71 days. The stock has gained 22.45% over the last year.

3. IberiaBank Corp. (NASDAQ:IBKC): Regional Banks Industry. Market cap of $1.6B. Current dividend yield at 2.28% vs. industry average at 1.75%. Dividend growth rate over the past five years at 9.91% vs. industry average at 7.43%. TTM Payout Ratio at 23.94% vs. industry average at 19.84%. Short float at 8.69%, which implies a short ratio of 17.52 days. The stock has gained 10.76% over the last year.

4. BancFirst Corporation (NASDAQ:BANF): Regional Banks Industry. Market cap of $679.53M. Current dividend yield at 2.26% vs. industry average at 1.75%. Dividend growth rate over the past five years at 11.17% vs. industry average at 7.43%. TTM Payout Ratio at 34.35% vs. industry average at 19.84%. Short float at 5.39%, which implies a short ratio of 23.45 days. The stock has gained 22.21% over the last year.

Source: 4 Small Cap Financial Stocks Raising Their Dividends