Published on 19 Aug 2024 on Insider Monkey · via Yahoo Finance

Banc of California, Inc. (BANC): A Good Dividend-Paying Stock Under $15?

We recently compiled a list of the 10 Best Dividend-Paying Stocks Under $15. In this article, we are going to take a look at where Banc of California, Inc. (NYSE:BANC) stands against the other dividend-paying stocks under $15.

During the bull market driven by the "Magnificent Seven" stocks, dividend stocks lagged in performance. Since the beginning of 2024, the Dividend Aristocrats Index has increased by only 5.50%, while the Nasdaq has risen by 13.6%. That said, the performance of tech stocks becomes less significant when considering the long-term returns of dividend stocks. Dividend-paying stocks with strong balance sheets and stable yields can offer investors consistent income, protection against market declines, and steady growth for their investments.