icandoitdon

Dividend Stocks: Watch Those Yields

the head of BAC has repeatedly stated, and stated again in the couple of days, that they will not cut the dividend nor issue additional capital. but when you look at the share price (off 60%+) and the yield (11%+) the market is calling him a liar.

lying is a way of life for too many CEOs. it will be interesting to see this one stays true to form.