Saturday, March 23, 2013

Bank of America: The Stress Test and Dividends

Last week, the Federal Reserve reported that 17 of the nation's 18 largest banks passed this year's round of stress tests. Among those making the grade was Bank of America (NYSE: BAC  ) . The question this week is whether the Fed will allow B of A to return more capital to shareholders by means of a higher dividend or share buyback program. In the video below, Motley Fool contributor John Maxfield discusses why he thinks the chances of this are good.

The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.

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