NIDB - A Pair Of Special Dividend Banks With 4.5%+ Projected Dividend Yields For Income Investors
Community banks are well known as a sector that often offers above-average dividend yields coupled with the opportunity for long-term growth in the underlying business and, thus, a measure of capital appreciation. However, institutions that pay special dividends which boost effective dividend yields are not always consistently reflected in screens and can fall under the radar of income-oriented investors. The result is the potential for missed income opportunities for investors seeking dividends from reliable companies with consistent profitability and reasonable valuations.
In this article, we spotlight two micro capitalization community banks we've come across that