Thursday, November 14, 2019 7:49 AM EST
Final Thought
I understand why income-seeking investors could be interested in SAN. A large bank present in so many countries could have some appeal. Bring a high yield opportunity and you get investors running after this “dividend gem”.
What I see when I look at SAN is a bank taking a bet in undeveloped countries. While this could be a winning strategy, I prefer Canadian banks. In general, they enjoy a more stable business model (due to their oligopoly situation in Canada) while expanding their business in other countries. Plus, they are great dividend growers! What do you think?
Disclosure: We do not hold SAN in our DividendStocksRock portfolios.
Additional disclosure: The opinions and the strategies of the author are not intended to ever be a recommendation to buy or ...
more
Disclosure: We do not hold SAN in our DividendStocksRock portfolios.
Additional disclosure: The opinions and the strategies of the author are not intended to ever be a recommendation to buy or sell a security. The strategy the author uses has worked for him and it is for you to decide if it could benefit your financial future. Please remember to do your own research and know your risk tolerance.
Disclaimer: Each month, we do a review of a specific industry at our membership website; Dividend Stocks Rock. In addition to have full access to 12 real-life portfolio models, readers can also search through pre-screened lists and receive 2 newsletter per month; #1 industry review and #2 Mike’s Buy list update. If you register today, you can also have access to our newsletter archive and download our previous industry reviews.
Any information shared on The Dividend Guy does not constitute financial advice. The Dividend Guy is not a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities readers or customers should buy or sell for themselves. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. For more information, click here. All posts are © 2005-2017, The Dividend Guy.
less
How did you like this article? Let us know so we can better customize your reading experience.
Users' ratings are only visible to themselves.