Dividend Payment (3/27/15)

In August of 2014, Bank of America increased its dividend from $0.01 to $0.05. This was an increase of 400%.

Ex-dividend date:   March   4, 2015
Payment date:        March 27, 2015


General Moynihan takes full credit for increasing the dividend 400%. Moynihan stated, "This is more evidence that proves we are making money. Real money, not the fake kind. We are sending our ill-gotten gains back to the true owners of the company."

I look forward to more dividend increases in the future.

Current Dividend Yield: 1.3%

Old Dividend Yield: 0.3%

How many zeroes are in a billion?

Bank of America announces a stock buyback and another lawsuit due to Brian's inappropriate language and gestures.

Holding the Line

After the barbaric January Massacre, General Moynihan took command and was able to stabilize Bank of America's collapsing lines.

Moynihan declared that Wall Street was clearly retarded. BAC actually reported that it made money in the last quarter. Real money, not the fake kind. The market rewarded Bank of America with a fifteen percent smack down.

General Moynihan denied rumors that Ken Lewis was coming out of retirement.

STATS: February 2015

Initial Price:    $15.15
Ending Price:  $15.81

Percent Gain: 4.4%