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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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DutchMark (51.64) Submitted: 8/28/06 9:42 PM : Start Price: $48.01 BAC Score: -33.83
Solid bank that pays more than 4% dividend and regularly increases it. I think these will outperform the S&P by a small margin for some years to come as I think the IT-revolution that saves banks heaps of money has only just started to kick in.I'll be looking for more banks like this one, although this is probably an exceptionally good one.
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DutchMark (51.64) Submitted: 11/14/06 11:05 AM
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Of course high dividend payers like these will have a hard time outperforming the market as long as CAPS doesn't account for dividends. They keep promising they will, some day :)At the moment the banks are underperforming the market slightly even with dividends. But that's because the market is on a tear, I look forward to these catching up on a market slow-down. Hopefully that takes a long time as the rest of the picks are riding the market-wave like an expert surfer.
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Allstar13913 (99.93) Submitted: 1/25/07 5:47 PM
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Thats my pet peeve about caps also. My dividend stocks are good investments, but caps considers them as losers, even if I'm just breaking even in real life.~Allstar