The Secret Millionaire – Ronald Read
I enjoy reading stories about secret millionaires. I find it fascinating when otherwise normal people manage to accumulate great amounts of wealth by working hard and saving. It gives me hope and inspiration! I found out about Ronald Read when CNBC published his story on their web site: Janitor bequeaths millions to library, hospital. When […]
Capital Plan approved, Bank of America Raises Dividend
Bank of America shareholders received excellent news this morning: Bank of America’s revised capital plan that was submitted to the US Federal Reserve has been approved. Accordingly, Bank of America will raise the quarterly dividend to 5 cents a share. This is the first dividend increase in the last 7 years. Bank of America has […]
Bank of America Requests to Increase Their Dividend, Again!
I’ve been a client of Bank of America for over 15 years. I’ve been fairly pleased with their services and they’ve done a great job of integrating their many acquisitions under the leadership of Kenneth Lewis. I purchased the stock at the wrong time at around 2007. I believe the yield at the time that […]