Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 High-Yield Bank Stocks


3 High-Yield Bank Stocks

Thanks to the current low-interest-rate environment, most banking products such as CDs and savings accounts don't pay very much. On the other hand, many bank stocks pay their investors exceptionally well. While that higher reward requires taking greater risk, it could be well worth it considering that the yields on most banking products don't even match inflation these days. Overall, the sector boasts several high-yield options, though three that caught our eye are Wells Fargo (NYSE: WFC), Royal Bank of Canada (NYSE: RY), and New York Community Bancorp (NYSE: NYCB).

Brian Stoffel (Wells Fargo): Get this: I'm so disgusted with everything that's come out about the behavior at Wells Fargo over the past two years that my wife and I will be switching banks after being with them for 15 years. And yet, I think if you're looking for a safe banking dividend stock, this might be just the place to go.

Image source: Getty Images.

Continue reading


Source: Fool.com

Wells Fargo & Co. Stock

€55.03
0.440%
The Wells Fargo & Co. stock is trending slightly upwards today, with an increase of €0.24 (0.440%) compared to yesterday's price.
With 18 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 60 € there is a slightly positive potential of 9.03% for Wells Fargo & Co. compared to the current price of 55.03 €.
Like: 0
WFC
Share

Comments