|Day's Range||52.37 - 52.81|
|52 Week Range||43.55 - 59.99|
|PE Ratio (TTM)||13.10|
|Earnings Date||Jul 14, 2017|
|Dividend & Yield||1.52 (2.90%)|
|1y Target Est||57.59|
Most business development companies (BDCs) have low profiles on Wall Street. Their relative obscurity makes them good vehicles for banking high yields – in fact, today we’ll discuss three that pay between 12% and 16% annually.
Wells Fargo Advisors will start offering a new share class of mutual funds next month as part of its plan to comply with the new U.S. Labor Department regulation that seeks to put the interests of retirement clients first, the bank confirmed Wednesday. Starting June 9, the same day the DOL's fiduciary rule takes effect, advisers who want to buy mutual fund class shares for clients' retirement accounts will be required to buy T shares, which pay advisers a 2.5 percent commission upfront and a 0.25 percent going forward.
Over the last five trading days, performance of the banking stocks was relatively bullish.