20 cent is possible, but I doubt much higher than that. I also see buybacks continuing but not any more than what they've been doing. No way they will do "huge" anything with all the requirements for increased capital. Besides, the Feds would never approve anything like that.
NOT going to happen,..unfortunately. CEO is "buyback happy",...and that's easier than nice divvy. Also a good excuse for the damage the (prior) management has done to the (we) shareholder longs is the,"the govt. won't let us raise the divy much". Am sick of this Bank's B/S and we DESERVE a "SPECIAL DIVIDEND" at least, in addition to the forthcoming share buyback.
That's a long time to tie up "dead money".
Been here too long already. Many damaging misdeeds at this Compny have really screwed the shareholders. We suspect they(BAC) are now using any excuse they can to keep from a higher divy.
BAC way, way behind in this sector.