Financial ETFs: Banks to Offer Higher Dividends, More Buybacks
March 13, 2015 at 10:30 AM EDT
Financial sector exchange traded funds could generate greater value for share holders after big banks passed the Federal Reserve’s stress test, and plan stock buybacks and dividend hikes. The banking sector is lifting financials, with the iShares US Broker-Dealers ETF (NYSEArca: IAI) up 1.2%,...