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High-Yield Blue-Chip Banks

Dividend investing can be a safe, effective way to play the market. Many companies are loathe to pay out too much of a guaranteed return to investors, assuming they want to keep the money to spend
Jacob Harper received his BA from the University of Missouri in 2005, and his MA in Writing from Missouri State in 2009. He's written for American Express, Wisebread, LA Foodie, and Fox Digital, and he served as a Writer & Editor for the 2013 Los Angeles edition of the guidebook series Not For Tourists. Jacob currently lives in Los Angeles.
Jacob Harper received his BA from the University of Missouri in 2005, and his MA in Writing from Missouri State in 2009. He's written for American Express, Wisebread, LA Foodie, and Fox Digital, and he served as a Writer & Editor for the 2013 Los Angeles edition of the guidebook series Not For Tourists. Jacob currently lives in Los Angeles.

Dividend investing can be a safe, effective way to play the market. Many companies are loathe to pay out too much of a guaranteed return to investors, assuming they want to keep the money to spend it on themselves.

But that’s not always the case –- at least outside of America. When we looked to see what large bank stocks paid over a five percent dividend, we found that there were zero located inside the US that fit that description.

However, we found five foreign banks that trade within the US and  fit the bill. They are:

Banco Brandesco ($BBD)

Market Cap: $52.47 billion

Price: $12.52

P/E: 10.35

Dividend yield: 8.39 percent

Performance YTD: +0.97 percent

Barclays PLC (BCS)

Market Cap: $58.42 billion

Price: $15.64

P/E: N/A

Dividend yield: 5.75 percent

Performance YTD: -12.58 percent

Grupo Financiero Satander Mexico (BSMX)

Market Cap: $15.98 billion

Price: $11.46

P/E: 9.55

Dividend yield: 33.25 percent

Performance YTD: -15.98 percent

HSBC Holdings ($HSBC)

Market Cap: $182.54 billion

Price: $50.29

P/E: 12.12

Dividend yield: 7.56 percent

Performance YTD: -7.06 percent

Banco Satander-Chile (SAN)

Market Cap: $97.16 billion

Price: $9.00

P/E: 16.67

Dividend yield: 7.11 percent

Performance YTD: +1.58 percent

Westpac Banking Corporation (WBK)

Market Cap: $94.74 billion

Price: $30.65

P/E: 15.64

Dividend yield: 5.06 percent

Performance YTD: +5.51 percent