3 High-Yield Financial Stocks to Buy in October
With the 10-Year Treasury yield hovering near 5.3%, it might seem like a risky time to buy high-yielding dividend stocks in the financial sector. In this environment, many investors would rather buy a low-risk Treasury or CD instead of a dividend stock.
However, there are still plenty of high-yielding financial stocks that are well-insulated from higher interest rates and Treasury yields. Let’s take a look at three of them — Ares Capital (NASDAQ: ARCC), Brookfield Asset Management (NYSE: BAM), and Strategy’s (NASDAQ: MSTR) STRF shares (NASDAQ: STRF) — and see why they’re still worth buying.
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