Should Bank of America Ask for a Big Dividend?
In the Dodd-Frank banking stress test results that we saw come out last week, Bank of America has managed to increase the amount of capital it has on hand significantly since last year. But with the results of the CCAR stress test coming out later this week, which is the test that determines whether or not the Fed will allow banks to increase their dividends or buy back shares, is Bank of America healthy enough now for investors to expect a dividend increase?
In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss the discrepancy between Bank of America's version of the stress test results vs. the Fed's version, and Matt tells us what he would like to see Bank of America do this week with its dividend.
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The article Should Bank of America Ask for a Big Dividend? 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 owns shares of Bank of America. 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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