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Bank on Banks: Solid, Growing Payouts Make This Stock a Buy Now

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Wed, Feb 3, 2021 01:36 PM

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Not all banks are created equal. This regional branch has doubled its dividend in four years, and it

Not all banks are created equal. This regional branch has doubled its dividend in four years, and it isn’t slowing down. [Turn Your Images On] Dividend of the Week [Bank on Banks: Solid, Growing Payouts Make This Stock a Buy Now]( [Turn Your Images On] [Charles Sizemore, Editor, Green Zone Fortunes]( I’ve harped on it before, but good dividend stocks have two things: - Competitive current yield. - And a history of consistently raising its dividend. And I’m happy to say this regional bank stock with more than 1,100 branches across the Midwest and Southeast is the perfect blend of both. Its current yield is more than triple the 10-year Treasury’s paltry 1.1%. On top of that, it’s managed to double its dividend in only four years! [Click here to see why I’m excited about this stock that is positioned for “Bullish” growth over the next 12 months.]( Suggested Stories: [The $560B EV Boom Is Coming — Profit With 1 Alternative Stock]( [Old Wall Street Is Reeling: What to Do in the GME Aftermath]( --------------------------------------------------------------- FROM OUR PARTNERS [The Biggest Medical Breakthrough in History]( The Mayo Clinic’s elite researchers recently released a photo of two mice. One was graying and frail while the other showed none of the symptoms of aging. It’s all due to a groundbreaking new pill in human trials now. Every $500 invested could turn into as much as $1.5 million. [Exact details here.]( --------------------------------------------------------------- [Turn Your Images On] [Charles Sizemore, Editor, Green Zone Fortunes]( Green Zone Ratings [UPS Is a Bullish Bet in the E-Commerce Cage Match vs. Amazon]( While the COVID-19 pandemic gave “stay at home” stocks a major boost in 2020, the underlying shift in consumer behavior is nothing new. It’s been a steady progression for the past quarter-century. In nature, most objects follow the path of least resistance. We, humans, are no exception. When given a choice between getting in our cars and driving to a store or continuing to sit on the couch with one hand on the remote control and the other deep into a bag of Cheetos, the couch is going to win. UPS (NYSE: UPS) is a major beneficiary of that trend. Yes, the threat from Amazon is real. But a large and growing market has room for multiple strong competitors. [Click here to see why I think UPS has a fighting chance against the Amazon behemoth.]( Suggested Stories: [Broadcom: This 5G Dividend's $27B Sales Projection Is Stock Jet Fuel]( [3 Stocks to Buy as These Sectors Soar Higher]( --------------------------------------------------------------- FROM OUR PARTNERS [Remember This?]( Another major crisis is on the horizon that could make things even WORSE in 2021 [Click here now to find out how to protect yourself and your family.]( --------------------------------------------------------------- Chart of the Day [Turn Your Images On] [Michael Carr, CMT]( [The Economic Bounce Is in Trouble]( Last week’s news confirmed what many consumers already knew. The pace of economic recovery slowed in the fourth quarter. CNBC reported that “gross domestic product, or the sum of all goods and services produced, increased at a 4% pace in the fourth quarter, slightly below the 4.3% expectation from economists surveyed by Dow Jones.” It can be difficult to remember now, but the economy was in trouble before the pandemic shutdowns occurred. [And today’s manufacturing chart shows we might be returning to that “normal.”]( Suggested Stories: [GameStop, Robinhood May Trigger Another Financial Crisis]( [Earnings Edge: These 5 Stock Giants Will Breakout — or Breakdown]( --------------------------------------------------------------- 1637: In Holland, after reaching prices as high as 6,000 Guilders (roughly $3200) for a single bulb, the tulip market suddenly crashed. Within a day, there were no buyers for tulips at any price. [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. Such recommendations may be traded, however, by other editors, Money & Markets, its affiliated entities, employees, and agents, but only after waiting 24 hours after an internet broadcast or 72 hours after a publication only circulated through the mail. (c) 2021 Money & Markets. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. 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