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These stocks have the highest dividend yields of the stress-test passers

If you’re looking for a high-yielding bank stock, among those most likely to survive the next financial meltdown, check out Huntington Bancshares Inc. and KeyCorp.

A number of U.S.-based financial companies announced late Thursday plans to raise their dividends, with most set to have dividend yields well above the broader financial sector and the S&P 500, as passing the Federal Reserve’s latest stress tests freed them up to boost shareholder returns.

Huntington Bancshares HBAN, -0.87% said the Fed cleared its plan to increase its quarterly dividend by 27% to 14 cents a share. Based on Thursday’s stock closing price, the new annual dividend rate implies a dividend yield of 3.76%, compared with the yield for the SPDR Financial Select Sector exchange-traded fund XLF, +0.00% of 1.69% and the implied yield for the S&P 500 index SPX, +0.08% of 1.94%, according to FactSet.

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