Sponsored By:

5 Boring Stocks With Exciting Dividends

If you're looking for eye-popping payouts, look no further

      View All  

New York Community Bancorp

nycb185 5 Boring Stocks With Exciting DividendsDividend Yield: 6.4%

Based on the tepid dividends being paid by the likes of Bank of America (BAC) or Citigroup (C), it would be easy to assume none of the major banking stocks are doling out much in the way of quarterly payments.

That would be an errant assumption, however.

New York Community Bancorp (NYCB) currently boasts a yield of 6.3% — and it’s not going anywhere either. The company has paid out 25 cents per share dividends every quarter since 2004, even when it wasn’t easy to do so.

Heck, even when times were tough and earnings were contracting in 2008, New York Community Bancorp could still afford to share the wealth. That’s a sign of prudent cash flow management.


Article printed from InvestorPlace Media, http://investorplace.com/2013/10/dividends-dividend-stocks-to-buy/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.