Dividend logo

The last few years have been pretty good for the automakers. Many consumers had put off buying new automobiles during and after the Great Recession. But as jobs, wages and overall economic health returned, consumers starting buying again. Sales of cars skyrocketed and boosted the fortunes for automakers like Ford (F ) and General Motors (GM ).

It also increased their dividend potential. The once-dead money sector was now an income hunter’s paradise.

Despite the recent rosy outlook, the automakers – and their juicy dividends – could be facing a big-time problem. An issue it’s eerily reminiscent of is the cause of the Great Recession and the credit crisis. For investors, the pending subprime auto loan issue could be a significant derailment to the auto industry and stocks within that sector.

Find the dividend yield of the automobile industry here. You can also check out the dividend yield of major auto manufacturers on this page.

To read the Full Story, Go Premium or Log In

Popular Articles

Practice Management

3 Must-Read Pieces for Practice Management: April 22 Edition

Every two weeks, we bring you a curated list of must-read articles geared towards helping you...

News

Lowe's Companies Inc. Leads 35 Securities Going Ex-Dividend This Week

There are 35 securities going ex-dividend this week starting Monday, April 22. For income...

Premium Healthcare%20sector
News

The Market Wrap for April 19: Healthcare Drags the Shortened Trading Week

The long-awaited binge of quarterly reports is finally here. So far, the earnings picture has...