View mobile site
Follow us on
Wednesday, May 22, 2013 | 12:53 p.m.
Hi, (not you?) | Member Center | Sign Out
Sign In | Register
Posted: 10:21 p.m. Thursday, March 14, 2013
CHARLOTTE, N.C. —
Bank of America stock skyrocketed after the market closed Thursday night. Investors are responding to the news that the Federal Reserve accepted its capital plan. The bad news is there will be no dividend increase for shareholders this year, but experts said that should come next year. "The good news is that it does pave the way for subsequent shareholder advances from the bank to its shareholders in the way of a future increase in dividends," said banking expert Tony Plath. Plath said the bank needs to increase its profit before it can increase dividends to shareholders.
5 Day Forecast
Early Warning Doppler 9
Local Radar Loop
Regional Radar Loop
© 2013 Cox Media Group. By using this website,
Already have an account? Sign In
We have sent you a confirmation email. Please check your email and click on the link to activate your account.
We look forward to seeing you frequently. Visit us and sign in to update your profile, receive the latest news and keep up to date with mobile alerts.
Don't worry, it happens. We'll send you a link to create a new password.
We have sent you an email with a link to change your password.
We've sent an email with instructions to create a new password. Your existing password has not been changed.
To sign in you must verify your email address. Fill out the form below and we'll send you an email to verify.
Check your email for a link to verify your email address.