My Top Dividend Stock to Buy in the September Sell-Off

·4 min read
My Top Dividend Stock to Buy in the September Sell-Off

For those investors who love passive income and strong dividend yields, I would highly recommend taking a look at one of the largest banks in the U.S., Citigroup (NYSE: C). Since the Great Recession, Citigroup has generated lackluster returns compared to its big-bank peers: JPMorgan Chase, Bank of America, and even troubled Wells Fargo. Citigroup never really recovered from the financial crisis and has also been facing regulatory issues, which culminated last year with a $400 million civil penalty order and a cease-and-desist order from regulators.