Financial stocks with low beta ratios and high
market capitalization originally published at "long-term-investments.blogspot.com". The financial
sector is still under fire. Low interest rates and higher risks within the bond
buying industry make it hard to earn money on investments. As a result, thousands of people
lose their job and the sector is shrinking. Bank of America cut its workforce by over 30,000
people and their competitors follow.
Not everything is bad within the financial
sector. If you have followed my screens over the past months, you could
find there more and more good looking banks and asset managers as well as insurers.
Today I like to discover the best yielding dividend stocks from the financial sector with real safe heaven characteristics. My criteria
are:
- Market Capitalization
over USD 10 billion
- Beta ratio below 1
The stock should have a lower volatility than
the overall market. For sure, these are not the only trigger ratios to seek out
the highest degree of stability for a stock. Especially in the financial sector
are more risks than in other industries. Banks are still black boxes because you
never know what kind of risk exposure they have in detail.
The screen produced 17 stocks of which two have
a double-digit yield. Eight of them are currently recommended to buy.