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Bank of America Corporation Message Board

nasa_rs 1 post  |  Last Activity: Mar 1, 2015 1:17 PM Member since: Aug 9, 2007
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  • nasa_rs nasa_rs Mar 1, 2015 1:17 PM Flag

    Best Post This Year. I like the calculation.

    Considering last year's income was only $0.45 per share I think since we are exected to have $1.40 per share earnings that we should be able to go from 5 cents to 10 cents per quarter dividend. I have been expecting a 10 cent dividend per quarter. If we get less then even I might sell.

    What I am already considering is next year's dividend. Assuming we do get the dividend to 10 cents then next year we will be expecting $1.70 per share earnings and that leaves $1 for dividends and buyback ($1.40 X 58% Avg. CCAR distribution). Thus next year I would expect 15 cents quarter ($0.60 dividend a year) with $4 billion buyback along with an extra cushion for 2016. Reasonable?

    All is my opinon.

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