Bank of America Corporation (BAC) Ex-Dividend Date Scheduled for December 05, 2012


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Bank of America Corporation ( BAC ) has announced an ex-dividend date of December 05, 2012 and a cash dividend payment of $0.01 per share scheduled for December 28, 2012. Shareholders who purchased BAC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that BAC has paid the same dividend. At the current stock price of $9.86, the dividend yield is .41%.

The previous trading day's last sale of BAC was $9.86, representing a -2.38% decrease from the 52 week high of $10.10 and a 100.41% increase over the 52 week low of $4.92.

BAC is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). BAC's current earnings per share, an indicator of a company's profitability, is $.37. Zacks Investment Research reports BAC's forecasted earnings growth in 2012 as 242.79%, compared to an industry average of 11.4%.

For more information on the declaration, record and payment dates, visit the BAC Dividend History page.

Interested in gaining exposure to BAC through an Exchange Traded Fund [ETF]?
The following ETF(s) have BAC as a top-10 holding:

  • RevenueShares Financials Sector ( RWW )
  • PowerShares KBW Bank Portfolio ETF ( KBWB )
  • PowerShares Fundamental Pure Large Value Portfolio ( PXLV )
  • iShares Dow Jones U.S. Financial Services Index Fund ( IYG )
  • Select Sector SPDR Fund - Financial ( XLF ).

The top-performing ETF of this group is IYG with an increase of 10.84% over the last 100 days. RWW has the highest percent weighting of BAC at 7.57%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks

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