The Traderszone Network

Published in TZ Latest News 25 January, 2017 by The TZ Newswire Staff

Will Bank of America Raise Its Dividend in 2017?

Bank of America (NYSE: BAC) took an especially hard hit during the financial crisis in 2008, and it has taken longer than some of its big-bank rivals to rebound fully from the crushing blow the stock suffered after the end of the housing boom in the mid-2000s. Even after its comeback, Bank of America still trades at less than half its pre-crisis levels, and its dividend pales in comparison to what it paid out to shareholders in 2007.

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