BAC - How To Earn $500 A Month From Bank of America Stock Ahead Of Q2 Earnings | Benzinga
Bank of America Corporation (NYSE:BAC) will release its second-quarter financial results, before the opening bell on Tuesday, July 16.
Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at 80 cents per share, down from 88 cents per share in the year-ago period. Bank of America is expected to post revenue of $25.22 billion, according to data from Benzinga Pro.
On July 9, Piper Sandler upgraded the stock from Underweight to Neutral and raised its price target from $37 to $42.
With the recent buzz around Bank of America, some investors may be eyeing potential gains from the company's dividends too. Bank of America currently offers an annual dividend yield of 2.30% — a quarterly dividend amount of 24 cents per share (96 cents a year).
So, how can investors ...