5 Financial Stocks Paying a Strong Dividend to Investors

The following five companies in the Financial sector have the highest dividend yields for that sector:

  1. Chimera Investment Corporation (NYSE:CIM):  The stock has traded in a 52-week range of $3.51 to $4.36 and most recently traded at $3.91 per share.  The company pays a dividend of $0.56 per share and it has a dividend yield of 14.3%.  Its market capitalization is $4.02 billion.  About the company:  Chimera Investment Corporation is a specialty finance company.  The Company invests in residential mortgage loans, residential mortgage-backed securities, real estate-related securities and various other asset classes.
  2. BlackRock Enhanced Capital and Income Fund, Inc.(NYSE:CII):  The stock has traded in a 52-week range of $13.08 to $15.99 and most recently traded at $15.27 per share.  The company pays a dividend of $0.31 per share and has a dividend yield of 2%.  Its market capitalization is $668.12 million.  About the company:  BlackRock Enhanced Capital and Income Fund, Inc. is a diversified, closed-end fund incorporated in the USA.  The Fund’s investment objective is to provide total return.  The Fund seeks to achieve its investment objective by investing in a portfolio of equity securities and debt securities of US and foreign issuers.
  3. BlackRock Kelso Capital Corporation (NASDAQ:BKCC):  The stock has traded in a 52-week range of $9.21 to $12.97 and most recently traded at $10.29.  The company pays a dividend of $1.28 per share and has a dividend yield of 12.4%.  Its market capitalization is $748.91 million.  About the company:  BlackRock Kelso Capital Corporation is an externally-managed, non-diversified closed-end management investment company that provides middle-market companies with a wide range of financing solutions.  The Company’s solutions include senior and junior secured, unsecured, and subordinated debt securities and loans, and equity securities.
  4. BlackRock Global Opportunities Equity Trust (NYSE:BOE):  The stock has traded in a 52-week range of $15.21 to $19.65 and most recently traded at $19.20 per share.  It pays a dividend of $0.05 per share and has a dividend yield of 0.2%.  Its market capitalization is $1.33 billion.  About the company:  BlackRock Global Opportunities Equity Trust is a diversified, closed-end management investment company incorporated in the USA.  The Fund’s objective is to provide total return through a combination of current income and capital appreciation.  The Fund invests 80% of its total assets in equity securities or options on equity securities or indices of equity securities.
  5. BBVA Banco Frances SA (NYSE:BFR):  The stock has traded in a 52-week range of $5.33 to $13.85 and most recently traded at $9.64.  The company pays a dividend of $0.72 per share and has a dividend yield of 7.5%.  Its market capitalization is $1.72 billion.  About the company:  BBVA Banco Frances SA operates as a full-service bank for large corporations, middle market businesses, and individuals.  The Bank offers consumer and corporate lending, securities trading and insurance, sponsors credit cards, administers pension funds, and manages mutual funds.

Note: Financial data is taken from Yahoo! Finance.  Selected other data is taken from Google Finance and publicly available SEC filings.  All data are assumed to be accurate.

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