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$15.05 1.00 (7.12%)
12/3/2008 4:01 PM

Bank of America Corp (BAC)

CAPS Rating:
***

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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Recs

5

Avatar jtofabc (81.79) Submitted: 8/24/06 12:42 AM : Outperform Start Price: $47.28 BAC Score: -35.29

GREAT DIVIDEND RECORD, USE DRIP METHOD AND WATCH IT GROW.

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Avatar d20hero (< 20) Submitted: 10/06/06 12:38 PM

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Can you please tell me what the DRIP method is?

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Avatar jtofabc (81.79) Submitted: 3/18/08 5:29 PM

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DRIP is merely dividend reinvestment. In other words, if you own, in your own name, at least one share of stock and the company has a dividend reinvestment plan then you can buy stock directly from the company without broker fees and all your dividends can be reinvested immediately without fee even in fractional amounts. Thus you are compounding your growth in the stock. Jim

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