BAC announced a cash dividend of 0.24 with an ex-date of Feb. 29, 2024
|33.89 x 1200
|33.90 x 800
|33.49 - 34.05
|52 Week Range
|24.96 - 35.10
|Beta (5Y Monthly)
|PE Ratio (TTM)
|Forward Dividend & Yield
|Feb 29, 2024
|1y Target Est
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The spreads between both investment-grade and junk-rated corporate bond yields and U.S. Treasuries have fallen to their narrowest level in more than two years, in a sign of overall investor confidence growing. On the ICE BofA U.S. High Yield Index, a commonly used benchmark for junk bonds, the option adjusted spread dipped to 322 basis points, its lowest since January 2022. These spreads reflect how much extra yield investors demand to hold corporate bonds over Treasury notes and bonds, which are considered the safest financial instruments because there is a near-zero chance of default by the U.S. government.
Bank of America (BAC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
We highlight key investor conferences and corporate events looking out to the end of the 1st quarter