A stock market is an important part of the economy of any country. It plays a good role in the growth of the industry and commerce of the country and eventually affects the economy of the country to a great extent. It makes the stocks a liquid asset unlike the real estate investment. Stock market can also make it possible to sell the stocks at any point of time and get back the investment along with the profit. In this article I am sharing five dividend paying stocks that are related to financial sector.
CME Group Inc. (NASDAQ: CME) -
CME Group Inc. is a world's largest futures exchange company. It offers a range of global products across all asset classes based on interest rates. Equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. It has been described as "The biggest financial exchange" by The Economist. On July 2, 2012, S&P Capital IQ, a business line of the McGraw-Hill Companies acquired London-based Credit market analysis Limited from CME Group.
The company has a market capitalization of 20.99 Billion, EPS is 2.60, P/E ratio is 24.17 and the dividend yield is 2.86% at the annual dividend payout of 0.45.
Newcastle Investment Corp (NYSE: NCT) -
It is a real estate investment and finance company that invests in and actively manages a portfolio of real estate securities, loans, excess mortgage servicing rights and other real estate related assets. The company primarily invests in two distinct areas: Residential Servicing and Securities and second Commercial Real Estate Debt and Other Assets. It trades stable long term cash flow and employs conservative capital structures to generate returns throughout different interest rate environments.
It has a market capitalization of 3.13 Billion, EPS is 2.85, P/E ratio is 4.31 and the dividend yield is 7.18% at the annual dividend payout of 0.22.
JPMorgan Chase & Co. (NYSE: JPM) -
JPMorgan Chase & Co. is an American multinational banking and financial holding company. It is a global financial services firm and a banking institution in the United States, with global operations. The company is also the largest bank in the United States by assets and as of 2012; it was on the second position of the world's largest banks by assets. It is engaged in investment banking, financial services for consumers and small business, commercial banking, financial transaction, processing, asset management and private equity.
The company has a market capitalization of 187.74 Billion, EPS is 5.60, P/E ratio is 8.87 and the dividend yield is 3.06% at the annual dividend payout of 0.38.
Wells Fargo & Co (NYSE: WFC) -
Wells Fargo & Company is a bank holding company. It is a diversified financial services company which operates in three segments: Community Banking, Wholesale Banking and Wealth, Brokerage and Retirement. The company provides other financial services through subsidiaries engaged in various businesses, principally wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services and venture capital investment.
It has a market capitalization of 215.08 Billion, EPS is 3.53, P/E ratio is 11.47, and the dividend yield is 2.96% at the annual dividend payout of 0.30.
PNC Financial Services (NYSE: PNC) -
The PNC Financial Group, Inc. is a financial service company. Its businesses engaged in retail banking, corporate and institutional banking, asset management, and residential mortgage banking. It provides its products and services nationally and others in its markets located in Pennsylvania, Ohio, New Jersey, Michigan, Illinois, Maryland, Indiana, Kentucky, and Florida. It also provides certain products and services internationally.
The company has a market capitalization of 37.60 Billion, EPS is 5.63, P/E ratio is 12.63 and the dividend yield is 2.48% at the annual dividend payout of 0.44.
These are some dividend stocks that are related to finance sectors. Investors should prefer to investing finance sectors because the stocks have dropped much more than any other sector. While low price do not necessarily mean value, valuable companies at low price levels can be found.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.