HelenJanet
2022-05-22

$Bank of America(BAC)$Coming dividend USD0.21 per share Ex-Date is on 2 Jun 2022.

The last traded share price on 20 May 22 was USD33.94 with P/E ratio 9.411 and P/B ratio 1.14. It can be seen that the stock price is one of the lowest in 52 weeks.

Not sure whether the stock price will dip further, will consider to dollar cost averaging (DCA) in smaller amounts at regular intervals.

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Comments

  • highhand
    2022-05-22
    highhand
    looking really attractive BAC.. unless earnings drop next quarter [Helpless]
  • HilaryWilde
    2022-05-23
    HilaryWilde
    This stock is currently cheap at its share price.
  • MR_Wu
    2022-05-23
    MR_Wu
    A dividend hike will have a positive impact on BAC, right?
    • HelenJanetReplyHelenJanet: 
      But BAC’s share price still continue to drop after the dividend announcement and even after the rate hike, so I am not sure whether it has a positive impact on BAC.
    • HelenJanet: 
      Normally after the announcement of the dividends, the share price will go up until one day before Ex-date, the price will then go down.
  • AntLiew
    2022-05-22
    AntLiew
    invest in $Clean Energy Fuels(CLNE)$ and save our planet
  • gme1xxx
    2022-05-22
    gme1xxx
    good info
  • BurnellStella
    2022-05-23
    BurnellStella
    Now is a good time to buy BAC.
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