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Royal Returns: 3 Dividend Aristocrat Bank Stocks for Income Investors
Bank of AmericaBank of America(US:BAC) InvestorPlace·2024-04-03 12:23

In March, I discussed three reasons why most investors should never buy bank stocks. Banks’ balance sheets and income statements need to be simpler for most do-it-yourself investors to understand. However, if you must invest in the banking industry, narrowing your focus to dividend aristocrat bank stocks makes sense. Dividend aristocrats are S&P 500 companies that have increased their annual dividend for 25 or more consecutive years. Currently, only 68 companies make the cut. But unfortunately, no bank stoc ...