Tempted by Financials' Fat Dividends

Share prices of big names like Citi and WaMu have taken such a hit that they now offer eye-popping payouts. Buyer beware

Thanks to a $7.5 billion deal with an Abu Dhabi investment fund this week, Citigroup (C) shored up its capital with one big goal in mind: preserving its dividend payment, which at a 7% yield is one of the only bright spots for a bank facing massive credit losses.

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