Thanks to the Fed’s current path on interest rates, the housing sector has been in flux. Falling demand, surging mortgage costs, and other issues have caused plenty of volatility in the sector. So, for investors looking to play the market, they may need to go with more of a sure-thing. And includes our latest Best Financial Dividend Stocks List pick and its four years’ worth of dividend increases!
You can check out the Best Financial Dividend Stocks List to explore all the stocks.
Our pick is really a tale of two different businesses: one that is steady-eddy, while the other is more high tech. Our pick happens to be one of the largest issuers of mortgage insurance in the country. Often, first-time home buyers are required to take out insurance on their potential default. This creates a base of cash flow and hefty float for our pick’s bottom line.
The second side to our pick is one of technology companies. This includes mortgage risk analytics, mortgage origination/brokerage services as well as AI based search capabilities for brokers, homeowners and professional real estate investors to build and manage their portfolios of assets. Demand here is surging as the real estate environment continues to get tougher to navigate.
The end all be all is that our pick has regained its mojo after a tough year and offers plenty of stability and growth for housing investors – not to mention a top-notch dividend yield.
In order to make room for our new housing-focused pick, we’ve sold out of a regional bank stock.
