Dividend-News
Daily dividend news for investors in dividend stocks
3 Undervalued Financial Stocks With Strong Dividends And Dividend Growth
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Published Wed, 16 May 2012 15:38:27 -0400 on Seeking Alpha
The market is definitely vulnerable. While the S&P 500 and its tracking exchange traded fund, SPY (SPY), as well as stocks such as Apple (AAPL), have had massive runs since the summer of last year, poor recent economic data and renewed fears over sovereign debt issues in the Euro-Zone have caused a nearly month long sell-off in most of the broader indexes. Despite strong recent earnings reports from most of the major U.S. banks, such as Citigroup (C) and JP Morgan (JPM), showing significant credit and debit transaction growth, banking stocks have been some of the hardest hit stocks during the recent sell-off. Still, while the recent embarrassing trading loss at JP Morgan and renewed fears over Euro-Zone debt issues have hurt the financial sector, not all banks are created equally. I think the best value in the financial sector is with Canadian banks. The Bank of Nova Scotia (BNS)... Read more
Stock name ISIN Last trade P/E Earnings/Share Dividend/Share Dividend yield CANADIAN IMPERIAL BANK OF COMMERCE 
CA1360691010 76.80 10.0 7.63 3.70 4.82 BANK OF NOVA SCOTIA
CA0641491075 57.48 11.1 5.13 2.36 4.11 TORONTO-DOMINION BANK
CA8911605092 81.63 11.7 6.89 3.19 3.91