Tag: banks
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Why almost all publicly traded banks are saddled with declining loan values
It’s a simple answer. Rising interest rates. Loans made when rates were low are much harder to sell than loans made at today’s rates. It’s a similar problem to what happened with Silicon Valley Bank and the government treasuries they held. This problem was created by virtually free money for almost a decade (near zero…
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Bank OZK announces dividend increase of 2.94%
Bank OZK (the “Bank”) (Nasdaq: OZK) announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.35 per share, up $0.01, or 2.94% from the prior quarter. The common stock dividend is payable on April 21, 2023 to shareholders of record as of April 14, 2023. Bank OZK has increased its quarterly cash dividend on its common stock…
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Simply Safe Dividends reviews regional bank safety
This is an excellent write up of what happened with Silicon Valley Bank and the potential risks facing other regional banks. FYI, Simply Safe Dividends is a service I use and pay for to evaluate companies in my portfolio. They have been invaluable to me since I started investing for dividend income. There is also…
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Cash competing with dividend stocks
Higher interest rates means government-bonds and FDIC insured bank accounts can provide yield without the risk inherent in owning equities. Because U.S. government bonds are considered to be safer than even blue-chip stocks, some investors say it is difficult to justify putting money in the relatively risky stock market. The extra yield from a dividend-paying…
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$32 billion flowed into bank stocks this year. A record.
The reason my portfolio is a little heavy in financials is in this Wall Street Journal article. The stocks are relatively cheap and they pay a decent dividend. Almost every single stock I own in the financial sector is up by at least 5%. All of them have dividend yields over 2%. I don’t own…
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Large U.S. banks poised to loosen requirements to get credit cards
Banks are looking to share data about customers in order to issue them credit cards. While good for some people who need credit cards and are responsible this is likely to open the floodgates to easy credit for people who maybe should not have it. It reminds me of relaxed mortgage requirements from 2005 through…