Posts Tagged ‘Bank’

Poor Bank of America is watching its stock price drop fast and they have no real dividend to help prop up their share price.

We have identified 6 blue chip dividend stocks that we expect to outperform the Dow Jones index over the next 6 months. All 6 of these dividend stocks are currently Dow components and a couple of our stock picks will probably surprise you.

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

In the first quarter of 2011, 117 stocks in the S&P 500 index either initiated a dividend or increased their dividend. That's up 50% from last year.

Mad Money host Jim Cramer believes that bank stocks have become public enemy number one and are now being treated like tobacco stocks were in past years.

Bank of America announced today that investors should expect no dividend increase from Bank of America this year.

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

The Bank of Nova Scotia is the 3rd largest bank in Canada and is only the second Canadian bank stock to increase their dividend since the recession.

Jim Cramer is recommending that conservative investors take a look at Canadian bank stocks that offer less headline risk.

The bank reported a fourth quarter loss of $1.6 billion, but Moynihan believes the company will be in a position to increase their dividend later this year.

Here are 5 dividend stocks that investors are watching in 2011.

Jim Cramer outlined ten reasons why investors should buy Bank of America including a potential dividend increase 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.

The Federal Reserve may soon allow some of the top bank stocks to raise their dividends.

Dividend investors should take hope that Bank of America could raise their dividend next year.

Dividend investors will be interested to know that RBC is forecasting a significant dividend increase by the second quarter of 2011.

Bank of America CEO Brian Moynihan was recently asked at a Sanford Bernstein analyst conference how large of a dividend increase should investors expect.

JP Morgan Chase has indicated that the bank will eventually increase their dividend payout to 30 – 40% of earnings.

One of our favorite Canadian dividend plays is the Bank of Montreal, which we view as the safest Canadian dividend stock.

Chief Executive Officer Jamie Dimon announced today in his annual letter to shareholders that JPM may raise its annual dividend to $.75 - $1.00 if certain conditions are met.

We likely will not see any dividend increases from financial stocks until at least the second half of this year and probably not until 2011.