The Best High-Yield Bank Stock to Invest $25,000 in Right Now
Citigroup (NYSE: C) is a popular U.S. bank with an attractive 2.8% yield. But what if you could get more than twice that yield without taking on a huge amount of risk? That's exactly what I did when I doubled my position in this Canadian banking giant. The trigger for my investment was the company's return to dividend growth with a 4% hike announced after it reported earnings for its fiscal second quarter of 2025. Here's why you might want to follow along if you have $25,000, or even just $500, to invest.Banks like Citigroup can be complex, but the core of the operation is usually pretty simple. They take in deposits and make loans. Customers include individuals and businesses. That's usually the foundation of even the largest banks. On top of that they layer more complex businesses, like wealth management or investment banking. Generally speaking, this creates a fairly solid business and one that provides necessary services.Image source: Getty Images.Continue reading
Citigroup (NYSE: C) is a popular U.S. bank with an attractive 2.8% yield. But what if you could get more than twice that yield without taking on a huge amount of risk? That's exactly what I did when I doubled my position in this Canadian banking giant. The trigger for my investment was the company's return to dividend growth with a 4% hike announced after it reported earnings for its fiscal second quarter of 2025. Here's why you might want to follow along if you have $25,000, or even just $500, to invest.
Banks like Citigroup can be complex, but the core of the operation is usually pretty simple. They take in deposits and make loans. Customers include individuals and businesses. That's usually the foundation of even the largest banks. On top of that they layer more complex businesses, like wealth management or investment banking. Generally speaking, this creates a fairly solid business and one that provides necessary services.
Image source: Getty Images.
