The Case for Big Bank Stocks in Your Retirement Account

As interest rates wallow at historic lows, many investors have been flocking to dividend stocks. Even massive blue-chip companies like Johnson & Johnson (NYSE: JNJ  ) have significantly outpaced the broader market as yield-hungry investors have bid up prices. 

One sector that has been largely ignored by income-focused investors is the financial sector. With prices still depressed since the onset of the financial crisis, Wells Fargo (NYSE: WFC  ) is yielding over 3%, and JPMorgan Chase (NYSE: JPM  ) boasts a 2.9% annual dividend yield. In this video, Motley Fool banking analyst David Hanson tells investors why these two banks may be a safer bet than other stocks known for their dividends, as well as two other banks that could become solid dividend payers.

Can investors expect Bank of America to boost its dividend? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2441412, ~/Articles/ArticleHandler.aspx, 4/17/2014 8:42:11 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement