Morgan Stanley, Bank of America Corporation, and JPMorgan Chase & Co. are all gaining ground in the financial industry. Russell Investments’ forecast on the financial services industry in 2021 has a more upbeat outlook. By the middle of June 2021, vaccination rates in the United States and Europe had risen to around 50%. By May, over $32 billion had been invested in broad financial equities, setting a new high for the year thus far. To help you find some of the most popular stocks, we’ve produced a list of the finest finance stocks that pay dividends.
Insider Monkey looks at the 10 best finance stocks that pay dividends. T. Rowe Price Group, Inc. is ranked 10th on the list of the best dividend-paying finance companies. Brian Bedell of Deutsche Bank boosted his price objective for T. Rowe from $171 to $185 in July. The Goldman Sachs Group, Inc. is ranked 9th on our list of the best dividend-paying financial stocks. Chris Kotowski of Oppenheimer boosted his price objective on The Goldman Sachs Group to $540 in July, while maintaining his Outperform rating. The Blackstone Group Inc. is ranked 8th on our list of the best dividend-paying finance stocks. The stock’s price objective has been boosted to $125 by Argus analyst Stephen Biggar. The company’s second-quarter results exceeded expectations. Apollo Global Management, Inc. is ranked 7th on the list of the best dividend-paying finance companies. Citigroup has lifted its price objective for the company’s stock from $72 to $76 and has a Buy rating on the stock. MetLife, Inc. is ranked 6th on the list of the best dividend-paying financial stocks. The firm is in the life and health insurance business. Credit Suisse increased MetLife’s price objective from $55 to $68 in May. For more details, click 10 Best Finance Stocks That Pay Dividends.