Dividends → Finance

Dividends represent one part of the company’s profits from the previous period. The company distributes them between its owner-shareholders. Businesses may pay out dividends, but they are not obliged to. The method that is used to calculate the dividend is described in the company's dividend policy or articles of association. The clearer and more transparent the calculation principle, the more investors love the company. Many factors affect whether dividends are paid out. The main ones are the need for financing by major shareholders and tax optimization. So, if the state in the person of a fund or state-supported organization is one of the shareholders, the payment of regular dividends is practically guaranteed. The same is true, but to a lesser extent, in the case of a serious debt burden that is incurred by one of the business owners.

Dividend stocks by industries

Average yield of the sector: 3.40 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Finance/Rental/Leasing 17 1.20 %
Financial Conglomerates 8 3.26 %
Insurance Brokers/Services 4 0.82 %
Investment Banks/Brokers 20 1.12 %
Investment Managers 44 3.24 %
Life/Health Insurance 15 1.03 %
Major Banks 30 2.37 %
Multi-Line Insurance 6 1.36 %
Property/Casualty Insurance 21 1.50 %
Real Estate Development 12 5.12 %
Real Estate Investment Trusts 179 4.93 %
Regional Banks 33 1.72 %
Savings Banks 5 0.96 %
Specialty Insurance 6 1.32 %

Average yield of the sector: 1.96 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Finance/Rental/Leasing 13 1.27 %
Financial Conglomerates 8 1.49 %
Insurance Brokers/Services 3 0.81 %
Investment Banks/Brokers 14 1.01 %
Investment Managers 35 4.46 %
Life/Health Insurance 5 0.44 %
Major Banks 9 2.16 %
Multi-Line Insurance 5 3.19 %
Property/Casualty Insurance 18 0.98 %
Real Estate Development 9 1.43 %
Real Estate Investment Trusts 27 4.09 %
Regional Banks 215 1.61 %
Savings Banks 49 1.50 %
Specialty Insurance 2 2.70 %

Average yield of the sector:

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Major Banks 18
Property/Casualty Insurance 1
Real Estate Investment Trusts 6

Average yield of the sector: 5.30 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Financial Conglomerates 1 22.86 %
Investment Banks/Brokers 1 1.44 %
Major Banks 1 1.00 %
Real Estate Development 2 1.43 %
Real Estate Investment Trusts 6 6.79 %
Regional Banks 4 2.77 %
Savings Banks 1 2.33 %

TOP 50 dividend stocks in the sector: Finance

Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
Canadian Imperial Bank of Commerce CM Canadian Imperial Bank of Commerce 86.74 USD 39 B 6.64 % 10.04
The Bank of Nova Scotia BNS The Bank of Nova Scotia 57.62 USD 70 B 6.25 % 11.42
Bank of Montreal BMO Bank of Montreal 76.32 USD 49 B 5.40 % 10.65
Royal Bank of Canada RY Royal Bank of Canada 82.00 USD 120 B 5.12 % 12.35
The Toronto-Dominion Bank TD The Toronto-Dominion Bank 58.01 USD 110 B 5.10 % 12.18
Westpac Banking Corp. WBK Westpac Banking Corp. 17.95 USD 62 B 3.07 % 13.00
The PNC Financial Services Group, Inc. PNC The PNC Financial Services Group, Inc. 151.71 USD 66 B 3.03 % 13.51
Morgan Stanley MS Morgan Stanley 49.33 USD 79 B 2.84 % 10.40
State Street Corp. STT State Street Corp. 73.39 USD 27 B 2.83 % 14.33
U.S. Bancorp USB U.S. Bancorp 59.42 USD 93 B 2.83 % 13.65
Banco Santander SA SAN Banco Santander SA 3.90 USD 64 B 2.80 % 8.26
JPMorgan Chase & Co. JPM JPMorgan Chase & Co. 130.58 USD 410 B 2.76 % 12.85
BlackRock, Inc. BLK BlackRock, Inc. 492.80 USD 76 B 2.68 % 18.84
The Bank of New York Mellon Corp. BK The Bank of New York Mellon Corp. 48.69 USD 45 B 2.55 % 12.60
The Goldman Sachs Group, Inc. GS The Goldman Sachs Group, Inc. 220.04 USD 78 B 2.27 % 9.75
Discover Financial Services DFS Discover Financial Services 83.91 USD 26 B 2.10 % 9.46
ING Groep NV ING ING Groep NV 11.72 USD 45 B 2.05 % 7.82
Chubb Ltd. CB Chubb Ltd. 152.83 USD 69 B 1.96 % 19.20
American Express Co. AXP American Express Co. 119.66 USD 98 B 1.44 % 14.48
Willis Towers Watson Plc WLTW Willis Towers Watson Plc 188.95 USD 24 B 1.38 % 28.16
Simon Property Group, Inc. SPG Simon Property Group, Inc. 153.71 USD 100 B 1.37 % 21.71
Manulife Financial Corp. MFC Manulife Financial Corp. 19.64 USD 38 B 1.27 % 10.70
Sun Life Financial, Inc. SLF Sun Life Financial, Inc. 46.08 USD 27 B 1.19 % 14.68
PRU Prudential Financial, Inc. 93.14 USD 37 B 1.07 % 9.87
Public Storage PSA Public Storage 213.74 USD 37 B 0.94 % 25.22
The Blackstone Group LP BX The Blackstone Group LP 51.97 USD 62 B 0.94 % 22.55
Wells Fargo & Co. WFC Wells Fargo & Co. 54.03 USD 230 B 0.94 % 11.58
MetLife, Inc. MET MetLife, Inc. 49.15 USD 45 B 0.90 % 6.51
Interactive Brokers Group, Inc. IBKR Interactive Brokers Group, Inc. 46.50 USD 23 B 0.86 % 22.16
BB&T Corp. BBT BB&T Corp. 54.69 USD 42 B 0.82 % 13.59
SunTrust Banks, Inc. STI SunTrust Banks, Inc. 70.69 USD 32 B 0.79 % 12.86
Citigroup, Inc. C Citigroup, Inc. 74.82 USD 160 B 0.68 % 9.89
Northern Trust Corp. NTRS Northern Trust Corp. 106.55 USD 23 B 0.66 % 15.84
T. Rowe Price Group, Inc. TROW T. Rowe Price Group, Inc. 121.46 USD 28 B 0.63 % 15.28
The Travelers Cos., Inc. TRV The Travelers Cos., Inc. 135.46 USD 35 B 0.61 % 15.11
Synchrony Financial SYF Synchrony Financial 36.92 USD 24 B 0.60 % 6.70
American International Group, Inc. AIG American International Group, Inc. 53.41 USD 47 B 0.60 % 26.07
Progressive Corp. PGR Progressive Corp. 71.56 USD 42 B 0.56 % 13.30
Bank of America Corp. BAC Bank of America Corp. 32.94 USD 300 B 0.55 % 12.04
Aflac, Inc. AFL Aflac, Inc. 54.08 USD 40 B 0.50 % 13.29
The Allstate Corp. ALL The Allstate Corp. 111.03 USD 36 B 0.45 % 13.77
KKR & Co., Inc. KKR KKR & Co., Inc. 29.13 USD 25 B 0.43 % 14.86
Capital One Financial Corp. COF Capital One Financial Corp. 97.07 USD 45 B 0.41 % 8.57
The Charles Schwab Corp. SCHW The Charles Schwab Corp. 44.18 USD 57 B 0.38 % 16.32
Royal Bank of Scotland Group Plc RBS Royal Bank of Scotland Group Plc 5.79 USD 35 B 0.35 % 13.37
Barclays Plc BCS Barclays Plc 8.78 USD 38 B 0.34 % 16.37
Intercontinental Exchange, Inc. ICE Intercontinental Exchange, Inc. 93.98 USD 52 B 0.29 % 25.36
Brookfield Asset Management, Inc. BAM Brookfield Asset Management, Inc. 57.23 USD 58 B 0.28 % 18.81
HSBC Holdings Plc HSBC HSBC Holdings Plc 37.44 USD 150 B 0.27 % 11.50
Itaú Unibanco Holding SA ITUB Itaú Unibanco Holding SA 8.30 USD 40 B 0.04 % 11.95