Dow Component Bank Of America Corporation (BAC) To Go Ex-dividend Tomorrow
The
Dow Jones Industrial Average
(
^DJI
) is trading up 20 points (+0.2%) at 13,001 as of Tuesday, Feb 28, 2012, 10:35 a.m. ET. During this time, 183.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 1,697 issues advancing vs. 1,107 declining with 139 unchanged.
Wednesday, February 29, 2012 is the ex-dividend date for Dow component
(NYSE:
). Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $8.09 as of 10:35 a.m. ET, the dividend yield is 0.5% compared to the average Dow component yield of 2.7%.
- See our dividend calendar or top-yielding stocks list.
The average volume for Bank of America Corporation has been 271.9 million shares per day over the past 30 days. Bank of America Corporation has a market cap of $73.89 billion and is part of the
sector and
industry. Shares are up 44.6% year to date as of Monday's close.
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.
- Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates Bank of America Corporation 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 Bank of America Ratings Report.
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