2022 was a brutal year for investors. But, for exchange operators, it was a period of record volumes as traders turned to derivatives and other financial assets to hedge against risk. Our latest reaffirmation in the Best Financial Dividend Stocks List is a major derivatives exchange operator that’s coming off a solid year of growth – both in terms of revenue and earnings. Our pick reaffirmed its commitment to shareholders by raising its quarterly dividend by 10% at the beginning of February.
You can check out the Best Financial Dividend Stocks List to explore all the stocks.
Thanks to a dominating position in the global futures market, impressive dividend growth and a solid balance sheet, our financial pick makes a welcome addition to income investors’ portfolios.
To make room for our latest pick, we’ve had to cut losses and move on from a regional bank due to weakening momentum.