How High Could Bank of America's Dividend Go?
While the results of the new Dodd-Frank stress test come out tonight after trading hours for several big banks, it will be the CCAR stress test results next week that determine if these banks can raise their dividends or buy back shares, and on that front, everyone's looking at Bank of America . In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss Bank of America's current dividend yield, and Matt tells us how high he thinks it could go.
Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Matt Koppenheffer and Anand Chokkavelu, CFA, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.
The article How High Could Bank of America's Dividend Go? originally appeared on Fool.com.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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