The Traderszone Network

Published in TZ Latest News 15 November, 2016 by The TZ Newswire Staff

1 Reason Bank of America’s Dividend Could Soar Under a Donald Trump Presidency

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Image source: iStock/Thinkstock.

The more I dig into the impact of the presidential election on banks, the more it seems like Bank of America (NYSE: BAC) will benefit tremendously under a Donald Trump presidency. One of the biggest ways the North Carolina-based bank could gain is from a loosening of regulations around capital distributions — dividends and share buybacks.

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