With the Federal Reserve raising interest rates at its most aggressive pace in decades, more investors are seeking exposure to the financial services sector. Our latest addition to the Best Financial Dividend Stocks List is thriving in the current macroeconomic environment. A long and cherished history, combined with a highly attractive dividend yield, makes our pick a prime candidate for inclusion in income portfolios.
Positive catalysts from the Fed, record-breaking revenue growth and clever cost-cutting initiatives through digitization are all reasons to be excited about our pick. In addition to posting stellar top-line results in its most recent quarter, our pick is eyeing expansion in America’s most populous state – California.
To make room for our latest pick, we’ve booked profits and swapped out a supplemental insurance provider.
You can check out the Best Financial Dividend Stocks List to explore all the stocks.
