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  • Bank Stocks: Dividend Yield Post Subprime Meltdown [View article]
    The dividend cut (WM) was widely expected and is in now. It is still a respectable 3.5%. Once the market comes out of the doldrums and assuming WM survives, the dividend will be ratcheted up again. So if you are investing now, you may actually get a very good yield on the money invested.

    However, the risk in WM is not something everyone is going to be comfortable with

    arohanvalue.blogspot.c...
    Dec 12 12:37 pm |Rating: 0 0 |Link to Comment
  • Bank Stocks: Dividend Yield Post Subprime Meltdown [View article]
    Mouthwatering!!!

    You forgot Washington Mutual (WM) at almost 11% yield

    While the ripples of the sub-prime fiasco may take some time to subside, an opportunistic investor will do really well to pick up some of the quality names today at a bargain price. The financials will eventually recover, meanwhile it is nice to collect these dividends as an incentive to wait

    Long BAC and WM

    I have also written about the opportunity in financials at arohanvalue.blogspot.c...

    - Arohan
    Nov 20 12:47 pm |Rating: 0 0 |Link to Comment
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