Associated Banc-p-Associated Banc-Corp (ASB) Could Be a Great Choice

Company Overview - Associated Banc-Corp (ASB) is headquartered in Green Bay and operates in the Finance sector [3] - The stock has experienced a price change of 5.31% since the beginning of the year [3] Dividend Information - The company currently pays a dividend of $0.23 per share, resulting in a dividend yield of 3.66% [3] - This yield is higher than the Banks - Midwest industry's yield of 2.77% and the S&P 500's yield of 1.49% [3] - The annualized dividend of$ 0.92 has increased by 3.4% from the previous year [4] - Over the past five years, ASB has raised its dividend four times, averaging an annual increase of 5.57% [4] - The current payout ratio is 42%, indicating that the company pays out 42% of its trailing 12-month EPS as dividends [4] Earnings Growth - The Zacks Consensus Estimate for ASB's earnings in 2025 is $2.41 per share, reflecting a year-over-year growth rate of 1.26% [5] Investment Appeal - ASB is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 1 (Strong Buy) [7] - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6]