Comments on: Dividend Analysis - Bank of America Corp (NYSE:BAC) http://www.dividendsmatter.com/dividend-analysis-bank-of-america-corp-nysebac/2007/07/24/ Everyone else gets paid. Why shouldn't you? Fri, 25 Jul 2008 07:40:07 +0000 http://wordpress.org/?v=2.2 By: Hawk http://www.dividendsmatter.com/dividend-analysis-bank-of-america-corp-nysebac/2007/07/24/#comment-595 Hawk Sun, 29 Jun 2008 12:38:27 +0000 http://www.dividendsmatter.com/dividend-analysis-bank-of-america-corp-nysebac/2007/07/24/#comment-595 Doing my DD on BAC. I noticed there have been no posts in some time to this article.... Obiviously, looking at it now, FV then and current value now (~$25) can't be sitting well with last year's investors. What I am concerned about is that I see a EPS of $2.373 and a dividend of $2.56 (10%+ current yield). Paying a higher dividend per share than earnings per share can't be sustainable. According to Zacks, last year's EPS was $2.41. With over 25 years of dividend growth BAC leadership obviously knows the importance of dividends to its shareholders. Other financials have recently slashed dividneds. Speculation is that Citi is next. Anyway, what am I missing here? How can EPS be less than dividends per share? And, any thoughts on BAC cutting dividends? Doing my DD on BAC. I noticed there have been no posts in some time to this article…. Obiviously, looking at it now, FV then and current value now (~$25) can’t be sitting well with last year’s investors. What I am concerned about is that I see a EPS of $2.373 and a dividend of $2.56 (10%+ current yield). Paying a higher dividend per share than earnings per share can’t be sustainable. According to Zacks, last year’s EPS was $2.41. With over 25 years of dividend growth BAC leadership obviously knows the importance of dividends to its shareholders. Other financials have recently slashed dividneds. Speculation is that Citi is next. Anyway, what am I missing here? How can EPS be less than dividends per share? And, any thoughts on BAC cutting dividends?

]]> By: Michael Sanders http://www.dividendsmatter.com/dividend-analysis-bank-of-america-corp-nysebac/2007/07/24/#comment-201 Michael Sanders Wed, 12 Sep 2007 17:19:50 +0000 http://www.dividendsmatter.com/dividend-analysis-bank-of-america-corp-nysebac/2007/07/24/#comment-201 I notice that on many of your evaluations of companies you state that you could not find the ROIC (Return on Invested Capital). Why not just calculate it. Operating Income - Taxes ROIC = _____________________________________ Total Assets - Current Liab + ST Debt I notice that on many of your evaluations of companies you state that you could not find the ROIC (Return on Invested Capital). Why not just calculate it.

Operating Income - Taxes
ROIC = _____________________________________

Total Assets - Current Liab + ST Debt

]]> By: Thicken My Wallet » Blog Archive » The 5 Point Recession Proofing Plan http://www.dividendsmatter.com/dividend-analysis-bank-of-america-corp-nysebac/2007/07/24/#comment-199 Thicken My Wallet » Blog Archive » The 5 Point Recession Proofing Plan Wed, 12 Sep 2007 08:02:08 +0000 http://www.dividendsmatter.com/dividend-analysis-bank-of-america-corp-nysebac/2007/07/24/#comment-199 [...] drop in the market, Bank of America may become a real bargain. Dividends Matter has a thorough analysis on Bank of America (it is a great blog as [...] […] drop in the market, Bank of America may become a real bargain. Dividends Matter has a thorough analysis on Bank of America (it is a great blog as […]

]]> By: Aaron http://www.dividendsmatter.com/dividend-analysis-bank-of-america-corp-nysebac/2007/07/24/#comment-125 Aaron Fri, 03 Aug 2007 19:15:18 +0000 http://www.dividendsmatter.com/dividend-analysis-bank-of-america-corp-nysebac/2007/07/24/#comment-125 Very interesting breakdown of BAC. The company certainly is solid and has a terrific dividend yield, which makes it very attractive. The current credit problems continue to hurt banks, but this company is a good one for the long haul. Very interesting breakdown of BAC. The company certainly is solid and has a terrific dividend yield, which makes it very attractive. The current credit problems continue to hurt banks, but this company is a good one for the long haul.

]]> By: george http://www.dividendsmatter.com/dividend-analysis-bank-of-america-corp-nysebac/2007/07/24/#comment-119 george Thu, 02 Aug 2007 15:17:27 +0000 http://www.dividendsmatter.com/dividend-analysis-bank-of-america-corp-nysebac/2007/07/24/#comment-119 While you were on vacation I left you an e-mail concerning BAC. I did the discount present value using the same future price that you had calculated $101 at a discount rate of 10.4 (15% - 4.6 High div) and obtained a present stock price of $37.75. Could you tell me what I am doing wrong please or show me the calculations so that I can redo the number. Thank you, george K While you were on vacation I left you an e-mail concerning BAC. I did the discount present value using the same future price that you had calculated $101 at a discount rate of 10.4 (15% - 4.6 High div) and obtained a present stock price of $37.75. Could you tell me what I am doing wrong please or show me the calculations so that I can redo the number.

Thank you,

george K

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