Banking executives are making the rounds this week to talk about their businesses, and stocks. Here are some notes that should frighten stock market bulls.
The payments include penalties assessed by the U.S. Justice Department over matters related to its Bank Secrecy Act and anti-money-laundering compliance programs.
U.S. stock futures are rising Wednesday, suggesting Wall Street will rebound from the previous session when the Dow broke through 26,000 for the first time but ended the day with a small loss.
Looking at the universe of stocks we cover at Dividend Channel, on 12/28/17, US Bancorp , Granite Point Mortgage Trust Inc , and Pennymac Mortgage Investment Trust will all trade ex-dividend for their respective upcoming dividends. US Bancorp will pay its quarterly dividend of $0.30 on 1/16/18, Granite Point Mortgage Trust Inc will pay its quarterly dividend of $0.38 on 1/18/18, and Pennymac Mortgage Investment Trust will pay its quarterly dividend of $0.47 on 1/26/18.