We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Regional bank roulette

4 March 2009 By Martin Hutchinson

US Bancorp slashed its dividend, as did PNC last week, while BB&T increased its quarterly payout. Cutting dividends rebuilds capital and speeds the escape from Tarp. Conversely, a high dividend yield supports the stock price. But that’s only for banks that can afford it.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)