7 Bank Stocks With Solid—and Growing—Dividends
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“One of the things that we like about them is that they’re more resilient, and we haven’t seen excessive credit erosion,” says Matt Quinlan, a manager of the $4.7 billion fund, citing the overall quality of loan portfolios for these banks. Betsy Graseck, global head of banks and diversified financial research at Morgan Stanley points out that the large-cap U.S. banks have plenty of excess capital. This allows them to buy back a lot of stock, often more than they allocate for dividends.
📄 Summary
“One of the things that we like about them is that they’re more resilient, and we haven’t seen excessive credit erosion,” says Matt Quinlan, a manager of the $4.7 billion fund, citing the overall quality of loan portfolios for these banks. Betsy Graseck, global head of banks and diversified financial research at Morgan Stanley points out that the large-cap U.S. banks have plenty of excess capital. This allows them to buy back a lot of stock, often more than they allocate for dividends.