5 Finance Stocks that Pay Dividends

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1. Citigroup Inc. (NYSE: C)

Number of Hedge Fund Holders: 90
Dividend Yield: 3%

Citigroup Inc. (NYSE: C) is among the most renowned US multinational investment banks and is based in New York. The company ranks 1st on our list of finance stocks that pay dividends and offers a range of financial services and investment management services to clients across the globe.

This July, Citigroup Inc. (NYSE: C) shares received an Outperform rating from David Konrad, an analyst at Keefe Bruyette, who assumed coverage of the stock. Alongside the positive rating, the stock also received an $85 price target.

In the second quarter of 2021, Citigroup Inc. (NYSE: C) had an EPS of $2.84, beating estimates by $0.95. The company’s revenue was $17.47 billion, also beating estimates by $273.99 million. Citigroup Inc. (NYSE: C) has also gained 9.49% in the past 6 months and 15.88% year to date.

By the end of the first quarter of 2021, 90 hedge funds out of the 866 tracked by Insider Monkey held stakes in Citigroup Inc. (NYSE: C) worth roughly $6.94 billion. This is compared to 95 hedge funds in the previous quarter with a total stake value of approximately $7.12 billion.

You can also take a look at 10 Best Finance Stocks To Buy Now and 10 Best Consumer Finance Stocks To Buy Now.

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