I think they will go to .06 just my guess as things have improved greatly for them.
They cut a lot of expenses and increased rev. I think dividend goes up next.
We will see the government has had their boot on the neck of Bac we don't have to have a decent dividend for the stock to go up. The company will make money regardless
I think 3 to 4 cents a quarter will be the likely income.
Typically, it is done a few days after the quarterly earnings are released. That would put it about a month later.
Sentiment: Strong Buy
I agree, I'm thinking they go to .04, but I'm hoping for .05. Time to reward the long suffering BAC investors by getting the dividend back to a respectable level over the next 2-3 years.
They need to go a nickel or it will be disappointing.