Before the opening bell on Wednesday, Jan. 14, analysts expect the bank to report fourth-quarter earnings of 96 cents per share. That’s up from 82 cents per share in the year-ago period. The consensus estimate for Bank of America’s quarterly revenue is $27.62 billion (it reported $25.35 billion last year), according to Benzinga Pro.
Currently, Bank of America has an annual dividend yield of 1.99%. That’s a quarterly dividend amount of 28 cents per share ($1.12 a year). How can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or …