Money manager Ken Fisher runs Fisher Asset Management, a multi-billion dollar�fund. Billionaires like Fisher, and other savvy investors, know that dividends are a great way to receive healthy doses of income, especially in today's low interest-rate environment. Four of the Fisher Asset Management funds' top 20 individual stock holdings pay a 3% dividend yield or greater, including HSBC Holdings (NYSE: HBC ) , Pfizer (NYSE: PFE ) , General Electric (NYSE: GE ) , and Procter & Gamble (NYSE: PG ) .
Let's take a closer look at each of these top dividend stocks.
Fisher's top dividend-paying stock is HSBC Holdings, which currently rewards shareholders with a 3.6% dividend yield. Even though HSBC was fined nearly $2 billion for money laundering late last year, the company leverages its well-known brand�in operations spanning more than 80 countries. The company's global network enables it to draw clients with cross-border banking needs. Many of HSBC's operations are in emerging markets, offering the company growth potential�as the trend toward globalization of the financial markets�continues.
Best Quality Stocks To Own For 2015: KS Bancorp Inc (KSBI)
KS Bancorp, Inc. serves as the holding company for KS Bank, Inc. (the Bank). The Bank is a community financial institution, which is locally owned and operated. The Bank offers a range of traditional deposit and loan products for consumers and businesses. The Bank offers a range of loans that include Personal Loans, Fixed Rate and Adjustable Rate Home Mortgage Loans, Consumer Loans, Reverse Mortgages, Home Construction Loans, Auto Loans, Boat Loans and Education Loans.
The Bank focuses on attracting retail deposits and using such deposits to make mortgage loans, construction loans, business loans, consumer loans and equity line loans. KS Bank conducts its operations through eight full service retail offices located in Johnston, Wake, Wilson, and Wayne counties in North Carolina.
Advisors' Opinion:- [By CRWE]
Today, KSBI remains (0.00%) +0.000 at $7.50 thus far (ref. google finance 9:49AM EDT July 23, 2013).
KS Bancorp, Inc. previously reported unaudited net income available to common shareholders of $200,000, or $.15 per diluted share, for the three months ended June 30, 2013, compared to a net income available to common shareholders of $86,000, or $.07 per diluted share, for the three months ended June 30, 2012. For the six months ended June 30, 2013, the Company reported net income available to common shareholders of $325,000, or $.25 per diluted share, compared to $314,000, or $.24 per diluted share, for the six months ended June 30, 2012
Hot Bank Companies To Invest In 2014: Ampco-Pittsburgh Corporation(AP)
Ampco-Pittsburgh Corporation and its subsidiaries manufacture and sell custom-engineered equipment in the United States and internationally. It operates in two segments, Forged and Cast Rolls, and Air and Liquid Processing. The Forged and Cast Rolls segment produces forged hardened steel rolls used in cold rolling for the producers of steel, aluminum, and other metals; and cast iron and steel rolls for hot and cold strip mills, medium/heavy section mills, and plate mills. The Air and Liquid Processing segment manufactures finned tube and plate finned heat exchange coils for the commercial and industrial construction, as well as for process and utility industries; custom air handling systems used in commercial, institutional, and industrial buildings; and a line of centrifugal pumps for the refrigeration, power generation, and marine defense industries. The company was founded in 1929 and is based in Pittsburgh, Pennsylvania.
Advisors' Opinion:- [By Andrea Kay]
In this picture provided by the Vatican newspaper L'Osservatore Romano, Pope Francis engages with his audience, speaking with a child during his three-hour visit Dec. 21, 2013, to Bambino Gesu' pediatric hospital in Rome.(Photo: AP)
Hot Bank Companies To Invest In 2014: State Bank of India (SBIN)
State Bank of India (SBI) is an India-based commercial bank. Its primary banks include Treasury, Corporate / Wholesale Banking, Retail Banking and Other Banking business. The Treasury Segment includes the entire investment portfolio and trading in foreign exchange contracts and derivative contracts. The Corporate / Wholesale Banking segment comprises the lending activities of Corporate Accounts Group, Mid Corporate Accounts Group and Stressed Assets Management Group. These include providing loans and transaction services to corporate and institutional clients and further include non-treasury operations of foreign offices. The Retail Banking Segment consists of branches in National Banking Group, which primarily includes Personal Banking activities, including lending activities to corporate customers having banking relations with branches in the National Banking Group. This segment also includes agency business and automated teller machines (ATMs). Advisors' Opinion:- [By Calev Ben-David]
Credit-default swaps for the State Bank of India (SBIN), a proxy for the sovereign, have risen by almost two thirds since May 22, while the rupee slid about 10 percent. In Turkey, swaps jumped by about half, and the currency dropped about 6 percent.
- [By Lyubov Pronina]
India�� S&P BSE Sensex Index dropped 4 percent in Mumbai as State Bank of India (SBIN) tumbled to the lowest level in four years. ICICI Bank Ltd. slumped 5.2 percent. The rupee touched an unprecedented 62.0050 per dollar today before closing 0.3 percent weaker from Aug. 14 at 61.6550 in Mumbai, according to prices from local banks compiled by Bloomberg.
Hot Bank Companies To Invest In 2014: Wells Fargo & Company(WFC)
Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services primarily in the United States. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. The Community Banking segment offers deposits, including checking, market rate, and individual retirement accounts; savings and time deposits; and debit cards. Its loan products comprise lines of credit, auto floor plans, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, health savings accounts, and credit cards. This segment also provides equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, loans secured by autos, and merchant payment processing services; purchases sales finance contracts from retail merchants; and a family of funds, and investment managemen t services. The Wholesale Banking segment offers commercial and corporate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury and investment management, institutional fixed-income sales, commodity and equity risk management, insurance, corporate trust fiduciary and agency services, and investment banking services. This segment also provides banking products for commercial real estate market, and real estate and mortgage brokerage services. The Wealth, Brokerage, and Retirement segment offers financial advisory, brokerage, and institutional retirement and trust services. As of December 31, 2010, the company served its customers through approximately 9,000 banking stores in 39 States and the District of Columbia. Wells Fargo & Company was founded in 1929 and is headquartered in San Franci sco, California.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Flickr/Getty Images You've probably heard the old political quote, "A billion here, a billion there, and pretty soon, you're talking real money." Attributed to the late great Sen. Everett Dirksen, it's a reminder that, on the scale of national economies and government budgets, numbers get so big they can start to lose meaning to ordinary people. It's hard to envision a what one billion greenbacks stacked in a pile would look like. After a certain point, we start to think of most big-dollar values as just equivalent to "a lot." Or maybe, a "real lot." So when we see a new report out of MoneyRates.com explaining that "the Federal Reserve's low-interest rate policies ... over the last five years" have cost depositors an estimated $757.9 billion -- what are we supposed to make of that? What does it really mean? The Meaning of a Billion In practical terms, it means that thanks to the Federal Reserve and its policies of continual quantitative easing -- buying up debt of all shapes and sizes and forcing interest rates down in response -- the average American is $2,414.46 poorer than he or she would have been, all other things being equal. As MoneyRates explains, historically, the interest banks pay depositors to hold their money has tended to track the national rate of inflation. When inflation goes up, banks pay a bit more for access to depositors' money, so that the real value of a savings or checking account goes up over time. That's the way the world is supposed to work. However, in MoneyRates.com's words, "Since 2008, the Fed has taken aggressive measures, including keeping the federal funds rate at an all-time low and instituting its quantitative easing program, to keep interest rates at artificially low levels." The effect of the Fed's quantitative easing has been to prevent interest rates from rising in tandem with inflation. Instead, with money market savings accounts paying 0.1 percent or less interest this past year, but inflation averaging 1.5 perc
- [By Matt Koppenheffer]
Earnings reports from�Wells Fargo� (NYSE: WFC ) �and�JPMorgan Chase� (NYSE: JPM ) on Friday visibly showed the downside of the rising-rate environment. As rates rise, the refinancing boom has slowed, and that's damping the mortgage-origination fees that these mortgage giants collect. At the same time, rising rates are hurting the banks' securities portfolios. During the first quarter, on a pre-tax basis, Wells Fargo had north of $6 billion in unrealized investment losses.
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