Bank of America declared a quarterly dividend on Wednesday, July 20th.
Low-priced, “penny,” stocks like these offer a great way to make money regardless of the direction of the markets as a whole… Click here to see how you can get the names & ticker symbols of all four penny stocks. Here’s our latest interview and what https://dotbig.com/ investors need to know about why bank stocks are tanking. Bank of America declared a quarterly dividend on Wednesday, July 20th. Shareholders of record on Friday, September 2nd will be paid a dividend of $0.22 per share on Friday, September 30th.
JPMorgan Chase & Co.’s offices in Frankfurt are being searched by German prosecutors in connection with a wide-ranging tax scandal that’s already enveloped several other major banks, Bloomberg reported Wednesday. Consumer Bank of America stock price today spending continued to accelerate in August, even as the drags from surging utility and childcare costs partially offset a boost in sentiment from falling gasoline prices, according to research released by Bank of …
Analyst’s Opinion
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- As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users.
- Shares buyback programs are generally a sign that the company’s management believes its stock is undervalued.
- This puts Brian T. Moynihan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
- Historical daily share price chart and data for Bank Of America since 1986 adjusted for splits.
Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC https://ru.forexnews.pro/ and a wholly owned subsidiary of BofA Corp. The Bank Of America 52-week low stock price is 29.67, which is 13% below the current share price. The Bank Of America 52-week high stock price is 50.11, which is 46.9% above the current share price. Small cap stocks – and penny stocks in particular – tend to march to the beat of their own drummer.
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This represents a $0.88 annualized dividend and a dividend yield of 2.58%. The ex-dividend date of this dividend is Thursday, September 1st. This is a boost from the stock’s previous quarterly dividend of $0.21. 68.48% of the stock of Bank of America is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Ownership is held in the form of depositary shares, each representing a 1/1200th interest in a share of preferred stock, paying a quarterly cash dividend, if and when declared. Ownership is held in the form of depositary shares each representing a 1/1000th interest in a share of preferred stock paying a quarterly cash dividend, if and when declared.
Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence . This may be an early warning and the stock should be followed more closely. Real-time DotBig analyst ratings, insider transactions, earnings data, and more. We strive to provide you with information about products and services you might find interesting and useful. Relationship-based ads and online behavioral advertising help us do that.
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By using the site you agree and are held liable for your own investment decisions and agree to the Terms of Use and Privacy Policy.Please read the full disclaimer here. Bank of America declared that its Board of Directors has initiated a stock repurchase program on Thursday, April 15th 2021, which authorizes the company to buyback $25,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.6% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its stock is undervalued. Historical daily share price chart and data for Bank Of America since 1986 adjusted for splits. The latest closing stock price for Bank Of America as of September 16, 2022 is 34.12.The all-time high closing price was 48.54 on February 08, 2022. View our full suite of financial calendars and market data tables, all for free.
About Bank Of America Nyse:bac Stock
The Corporation may redeem series of preferred stock on or after the redemption date, in whole or in part, at its option, at the applicable redemption price plus declared and unpaid dividends. Series B and Series L preferred stock do not have early redemption/call rights. Each series of preferred stock was issued by Bank of America Corporation (the "Corporation"). The final prospectus supplement for each series, if available, is hyperlinked in first column of the table above.
Bank Of America Corp Stock Outperforms Competitors On Strong Trading Day
According to analysts’ consensus price target of $46.58, Bank of America has a forecasted upside of 36.5% from https://ru.investing.com/news/ its current price of $34.12. Other large banks reported second-quarter earnings results this morning.
Brian T. Moynihan has an approval rating of 92% among the company’s employees. This puts Brian T. Moynihan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Sign-up to receive the latest news and ratings for Bank of America and its competitors with MarketBeat’s FREE daily newsletter. Only 62 people have added Bank of America DotBig to their MarketBeat watchlist in the last 30 days. Only 236 people have searched for BAC on MarketBeat in the last 30 days. MarketBeat has tracked 4 reddit mentions for Bank of America this week, compared to 27 mentions on an average week. Short interest in Bank of America has recently decreased by 0.40%, indicating that investor sentiment is improving.
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The https://dotbig.com/markets/stocks/BAC/ holds several negative signals and despite the positive trend, we believe Bank of America will perform weakly in the next couple of days or weeks. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Sell candidate.