The best dividend paying stocks from the asset management industry originally published at "long-term-investments.blogspot.com". Today I like to discover the asset management industry by the best dividend paying stocks. From the industry are 62 companies listed of which 51 pay dividends. All together have a total market capitalization of USD 10 trillion. The average dividend yield amounts to 2.97 percent and the average industry P/E is 23.0. Asset managers are good dividend payers. It's the thirteenth best yielding industry from the financial sector.
Linked is a list of the best dividend paying asset managers with a market capitalization over USD 2 billion and yields above the one percent mark.
Twenty companies remained of which thirteen have a current buy or better rating. On the list are some popular names with dominating leading CEO's behind. Asset Management is a great people business. Please keep this in mind when you choose stocks from the industry.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 25.50 and forward P/E ratio is 11.98. The dividend yield has a value of 5.73 percent. Price to book ratio is 3.48 and price to sales ratio 8.01. The operating margin amounts to -9.43 percent and the beta ratio is 1.63. Stocks from the list have an average debt to equity ratio of 1.27.
Related stock ticker symbols:
OZM, KKR, PSEC, BX, AB, OAK, FII, FIG, PFG, BLK, AMP, WDR, IVZ, LAZ, EV, TROW, BK, CG, LM, SEIC, ETE