Skip to main content
This Board Has Moved

This board has been migrated to our new platform! Check out the new home page at or click below to go directly to the new Board on the new site.

Go to the New Site
Message Font: Serif | Sans-Serif
No. of Recommendations: 5
Outside of REIT's look at banks. Citi TBV (tangible book value) @ 2019 is $70 and will go to $75 by end of 2020. Now the stock price is $55, the dividend yield is 3.7% and they are buying back their stock at steady clip. They can reduce their share count by 8% to 10% each year for next 3 years, and grow their dividend by at least 10%.

WFC, Wells Fargo, @35 sporting an dividend yield of 5.8% and they will be aggressively buying back shares. Wells is restrained by FED from expanding their balance sheet, so all the cash they generate will be returned to the shareholders in the form of dividend and buybacks.

Compared to REIT's right now these banks sport solid dividends, they have a future where they will continue to grow, increase their dividend, and reduce the share count, further accelerating EPS growth, and dividend growth.

I will be buying banks in the coming weeks on any weakness.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.