Reported 1 day ago
Investors seeking consistent income can consider PNC Financial Services Group, which offers a dividend of $1.60 per share and a yield of 3.51%. With a history of increasing dividends and a solid earnings growth estimate of 8.48% for this fiscal year, PNC stands out as a favorable investment in the finance sector. Its current payout ratio is 45%, making it an attractive option for income-focused investors, despite the challenges faced by high-yield stocks in rising interest rate environments.
Source: YAHOO