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5.4% Yield Community Bank with A Twist Added To Best High Dividend Stocks Model Portfolio

Community banks can often be a wonderful place for investors to find meaningful dividend income. Their small size and simple business models produce plenty of steady cash flow from deposits and loan growth in their regions. Our latest Best High-Yield Dividend Stocks Model Portfolio pick has been doing just that since 1902 and has provided investors with rising dividends for the last seven years straight!

But our newest community bank isn’t like its rivals. It offers a unique combination of operating region growth as well as some outside-the-box operations to fuel future cash flow, including a hefty insurance brokerage business, trust services as well as a growing equipment finance division. These assets provide safety while boosting margins and earnings to the bank’s bottom line.

And with recent moves to expand its operating presence in some of the fastest and economically sound regions of the country, our pick has continued to expand its asset base, loan portfolio and drive cash flow further.

All in all, our newest pick is a prime example of how investors can find high dividends in smaller community banks.

In addition to our latest community bank, we’ve also added a triple-net lease property owner to the portfolio as well as removed both a midstream pipeline firm and a healthcare property owner from the list.

You can check out the Best High Dividend Stocks Model Portfolio to explore all the stocks.

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