$16.10 -0.19 (-1.17%)
11/24/2009 4:00 PM

Bank of America Corp (BAC)

CAPS Rating: 3 out of 5

The Company through its subsidiaries, provide banking & nonbanking financial services and products through three business segments: Global Consumer and Small Business Banking, Global Corporate & Investment Banking & Global Wealth & Investment Management.

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2
Member Avatar ULS2 (< 20) Submitted: 8/2/2007 1:16:27 PM : Outperform Start Price: $42.73 BAC Score: -42.17

Almost certainly if you consider BAC's huge dividend (~5.4% at current market price), and even more so, if you re-invest the dividend via a DRIP.

In addition to that, the worries+concerns that have hit the banking sector ought to have passed in 5yrs time, and BAC's price will normalize again for that reason.

With its high dividend yield and respectable div growth, BAC ought to beat the SPX hands down. IN case the div yield normalizes again to the ~4% region, that will add more CAP gain potential

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