- November 8, 2022
- Posted by: Bastion team
- Category: World News
In this article, we discuss the 12 best financial dividend stocks to invest in. You can skip our detailed analysis of the finance sector and dividend stocks, and go directly to read 5 Best Financial Dividend Stocks to Invest In.
The finance sector in the US involves all companies that specialize in banking, insurance, financial services, mortgages, credit cards, and other payment services. The sector is one of the most important industries in the country, contributing significantly to its GDP. According to a report published by the Securities Industry and Financial Markets Association, the US has the world’s largest capital markets, representing 41% of global equity. The country’s markets also fund 72% of its domestic economic activity. The report also mentioned that the US has over $760 billion worth of foreign investment in its financial sector, which is currently providing resources for a wide range of businesses.
Over the years, the finance sector globally has evolved a lot due to the induction of digital channels, which has significantly contributed to the sector’s returns and growth. According to a report by IBISWorld, the finance and insurance sector in the US is currently valued at over $5.7 trillion and has grown 2.5% per year on average in the last five years. The implementation of digital channels has further resulted in the industry’s impressive growth. Bloomberg cited Data Bridge Market Research’s new report, which highlighted that the digital…