The financial services industry was struck very severely by the pandemic. However, unlike some other industries, it has managed to recover in 2021. The global financial services sector and market will increase at a compound annual growth rate of 6%. The financial services industry was struck very severely by the pandemic. However, unlike some other industries, it has managed to recover in 2021. The global financial services sector and market will increase at a compound annual growth rate of 6%. According to S&P Global Market Intelligence, all hope is not yet lost in the financial services sector. They claim that government stimulus efforts have largely protected the sector and the economy as a whole. S&P’s report was based on the finance sector’s COVID-19 Impact and Recovery study.
Insider Monkey looks at the 10 financial services dividend stocks with over 4% yield. Safety Insurance Group, Inc. is ranked 10th. The company’s revenue was $222.88 million, up from $221.91 million in the previous quarter. Universal Insurance Holdings, Inc. is ranked 9th among financial services dividend stocks with a yield of more than 4% on our list. The company’s revenue of $279.18 million was up 10.48 percent year over year and $6.28 million higher than analysts’ expectations. Citizens & Northern Corporation is ranked 8th among financial services dividend companies with a yield of more than 4% on our list. The company’s revenue of $25.25 million was up 26.18 percent year over year, but it fell $0.78 million short of expectations. The Bank of N.T. Butterfield & Son Limited is ranked 7th. The company’s revenue of $123.54 million was up 2.27 percent year over year and $0.78 million higher than analysts’ expectations. Banco Latinoamericano de Comercio Exterior, S.A. is the 6th best financial services dividend company on our list, with a yield of almost 4%. The corporation specializes in foreign trade financing throughout Latin America and the Caribbean. For more details, click 10 Financial Services Dividend Stocks With Over 4% Yield.
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