Regional Banks’ Dividends Look Safe Despite Panic
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The Silicon Valley Bank failure set off an earthquake that’s still reverberating across the regional bank landscape.
SPDR Regional Banking
exchange-traded fund (ticker: KRE) has lost about a third of its value since March 8, when the bank’s liquidity problems surfaced publicly. The upheaval raises an important question for investors in regional bank shares: How safe are their dividends, a key attraction of these stocks? Answer: safer than some fear.