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95 % shareholder approvalwow...… seems most bac shareholders approved of the low quarterly dividend.... and the job Brian and his board is doing.... Well ,, I'm not.... having voted against each board member... that would hopefully send a message that after 10 years of having the dividend cut to a penny per quarter more effort needs to be given to the individual shareholders...these meager dividend increases while the company is making record profits. is insulting. Yes the company is buying back shares in an effort to boost earnings per share and thus increase the stock price.. but what also works to increase share price is to pay a healthy dividend. It will take years of buybacks to get under the 5 billion shares... years!!! Shareholders have already waited 10 years for their dividend to be restored to pre crisis level. It is way overdue to pay out a healthy dividend increase. rb |
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