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Mar 09
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Bank Of America Dividend PolicyStock Investing Comments Off
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Bank of America is one of those rare companies that distribute profits to shareholders. during the latest investor conference, the CEO, Brian Moynihan said BofA aims to pay out 30 per cent of its annual earnings in dividends.
Bofa profit forecast & prediction
BofA has predicted pretax earnings of $35bn-$40bn a year once its businesses recovered from the financial crisis.
BofA dividend yield
It means shareholders could be set to receive close to $10 billion in dividends.