NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 29, 2012. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $8.06 as of 9:30 a.m. ET, the dividend yield is 0.5%.
The average volume for Bank of America has been 271.9 million shares per day over the past 30 days. Bank of America has a market cap of $73.89 billion and is part of the
industry. Shares are up 44.6% year to date as of the close of trading on Monday.
Bank of America Corporation, through its subsidiaries, provides banking and financial services to individuals, small- and middle-market businesses, corporations, and governments primarily in the United States and internationally. The company has a P/E ratio of 24.6, below the average banking industry P/E ratio of 729 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Bank of America as a
. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and generally disappointing historical performance in the stock itself. You can view the full