You Can Do Better Than a 3.8% Yield: These 2 Dividend Stocks Are Buys Today

Dividend investors are facing a really terrible situation today because of the high valuations being attached to stocks, broadly speaking. The S&P 500 index (SNPINDEX: ^GSPC), for example, has an itty bitty 1.3% dividend yield even after a swift sell-off. At first glance, you could do better with Citigroup (NYSE: C), a highly regarded bank that has a much higher 3.8% yield. That's more than the average bank, which is yielding around 2.6%. But don't stop your search with Citigroup; two other lesser-known financial stocks have higher yields and, perhaps, more attractive businesses.Citigroup has an above-market and above-bank-average dividend yield. That's great, but there's more to the story than that. The big number here is that the dividend has increased by more than 1,000% over the past decade. That's not a typo, and, at first, it sounds incredible. The problem comes when you look at the underlying dividend data.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool