Van Knapp Also Likes Banco Santander

In Tuesday’s article, I created a shootout between Dave Van Knapp and Alexander Green on whether Bank of America (BAC) or Banco Santander (STD) is the better dividend-paying stock.

In fact, the only point of disagreement between the two investors is that Dave thinks Bank of America will weather the storm and keep its dividend intact while Alexander thinks BofA’s dividend will be cut.

In a follow-up note to me, Dave wrote: “If I were recommending one stock versus the other, I’d probably recommend STD too, given the risk to the BAC dividend.”

Furthermore, he clarified: “I did did not write the article from the point of view of ‘What’s the best bank dividend stock?’ — which is Green’s vantage point. I wrote it from the question, ‘Has BAC disqualified itself from being a top dividend stock?’ Very different questions.”

Any misunderstanding is my fault for constructing the article in a shootout format. If you’d like more top dividend-paying stock ideas, be sure to stop by Dave’s investing site,

This entry was posted in Uncategorized. Bookmark the permalink. Both comments and trackbacks are currently closed.
  • Here are your three options:

    Option 1: Annual Subscription (no refunds)

    For just $200 per year, you’ll receive everything listed above to completely upgrade the way you manage your investments. This is 17% cheaper than the monthly option. This is what I recommend:

    Option 2:Monthly Subscription (no refunds)

    If you'd like to try The Kelly Letter  without paying the full year, you can pay $20 per month.

    Option 3:Free Email List

    If you'd like to hear more from me but aren't ready to part with any money yet, you're welcome to join my free email list:

    Join the free list

    Thank you for the work you do. You're a household name here and my wife and I often discuss your letters on Sundays. My ten- and seven-year-old children recognize your name and will eventually be taught to invest using 3Sig and 6Sig. You've had an enormously positive impact on our investing and inspired me to look at the world in more rational and clear terms than I did years ago. I'm sure that thousands of others would say the same. Kelly Letter subscriber Matt Barnes
    Matt Barnes
    Product Line Director

    Join Matt and thousands of other rational investors to invest without stress.

    Subscribe to The Kelly Letter  now!

Bestselling Financial Author