Better Dividend Stock for 2021: Wells Fargo or CME Group
The year 2020 has been difficult for the financial stocks. The banks and real estate investment trusts (REITs) have been working through credit issues as their customers have been negatively affected by the COVID-19 pandemic-related shutdowns.
Aside from these issues, Wells Fargo (NYSE: WFC) also has regulatory issues that go back years. And CME Group (NASDAQ: CME) is struggling with the current very low interest rate environment. As an exchange, it doesn't take much credit risk, but that hasn't made it immune.
Given the current economic environment, which of these two companies would be the better dividend stock? Let's take a closer look and see if we can find an answer.
Source Fool.com
