The boom in the housing industry has benefited many players outside the just homebuilders, home improvement stores, and mortgage issuers. There’s a whole ecosystem of firms winning in the current environment and few will keep winning even if housing begins to slow. This includes our latest Best Financial Dividend Stocks List pick.
Our pick is one of the largest providers of title insurance and settlement services to the real estate and mortgage industries. In fact, it’s larger than the next five issuers combined. Thanks to regulatory needs, title insurance is a must have and nearly every real estate transaction includes it during the closing process.
As such, our pick has plenty of steady cash flows to keep it going. And with the boom in housing, it’s been a banner year for the firm’s profits. With over a decade of steady dividend increases under its belt already, watch for when the stock goes ex-dividend on Thursday, June 16 (estimated date).
To include this mortgage insurance specialist, we had to remove another smaller financial services company from our list.
You can check out the Best Financial Dividend Stocks List to explore all the stocks.
