Should Bank of America Ask for a Big Dividend?

Is Bank of America about to up its dividend big?

Matt Koppenheffer
Matt Koppenheffer and David Hanson
Mar 11, 2013 at 3:30PM

In the Dodd-Frank banking stress test results that we saw come out last week, Bank of America (NYSE:BAC) has managed to increase the amount of capital it has on hand significantly since last year. But with the results of the CCAR stress test coming out later this week, which is the test that determines whether or not the Fed will allow banks to increase their dividends or buy back shares, is Bank of America healthy enough now for investors to expect a dividend increase?

In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss the discrepancy between Bank of America's version of the stress test results vs. the Fed's version, and Matt tells us what he would like to see Bank of America do this week with its dividend.