Bank Dividends – High Yield Future
by admin ~ July 19th, 2011. Filed under: Stocks & Bonds.
The Federal Reserve has agreed to allow banking companies to bring back their dividend policy, ending a provision that was intended to keep revenue in bank coffers until bailout money could be repaid. In going forward, the nation’s largest banks, many of which were once some of the highest-yielding firms on Wall Street, may again become high-yielding.