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Re: mack1 post# 12065

Tuesday, 05/29/2012 6:16:01 PM

Tuesday, May 29, 2012 6:16:01 PM

Post# of 22506

What was the BAC dividend 4-5 years ago when the PPS was $40-$50? Where does everyone see it headed in the future?



Mack
If you look at Yahoo finance charts, you can set it to see what the dividend was back then.

What I'm seeing is this:

2004: $.40 - $.45
2005: $.45 - $.50
2006: $.50 - $.56
2007: $.56 - $.64

Dropped to $.34 in Dec 08 then it's been a penny ever since. The stock prices during the time I covered were above $40. Dividend was around $.30 - $.35 pre-2004 when the stock was in mid to low $30's. It would be very nice to see both, that stock price AND that dividend payments but from recent posts/articles, looks like the Fed is blocking any increases to the dividend.

I'm sure good times are ahead of us and are much anticipated.

Good luck to all!
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