bank stock

May 13, 2011

Citigroup Officially Reinstates Dividend

Citigroup announced today that the company will officially reinstate their quarterly dividend at $.01 per share in June.

March 19, 2011

BB&T Joins the Dividend Increase Party

BB&T announced on Friday that the bank stock is increasing their quarterly dividend by 7% to $.16 per share.

December 8, 2010

Bank of America Hoping to Raise Dividend Early In 2011

CEO Brian Moynihan commented yesterday that Bank of America would raise their dividend as soon as they pass the Federal Reserve stress test.