Comments on: Sivy on Bank of America – Good Dividend http://www.thedividendguyblog.com/sivy-on-bank-of-america-good-dividend/ One Guy's Journey to Passive Income Through Dividend Investing Thu, 09 Sep 2010 12:31:56 +0000 hourly 1 http://wordpress.org/?v=3.0 By: mark http://www.thedividendguyblog.com/sivy-on-bank-of-america-good-dividend/comment-page-1/#comment-4788 mark Tue, 19 Dec 2006 21:18:40 +0000 http://www.thedividendguyblog.com/2006/12/15/sivy-on-bank-of-america-good-dividend/#comment-4788 I'm glad other still think Bank of America is a good buy / undervalued. It's my single largest holding, and I've been buying a little more BAC stock every month with a DRiP for a few years now. I believe when I first bought some shares in 1998, it was also yielding around 4%. Adjusted for its one split, BAC has almost tripled their dividend since then. Nowhere have I seen the effects of reinvesting and compounding more dramatically in my portfolio than in BAC. I’m glad other still think Bank of America is a good buy / undervalued. It’s my single largest holding, and I’ve been buying a little more BAC stock every month with a DRiP for a few years now.

I believe when I first bought some shares in 1998, it was also yielding around 4%. Adjusted for its one split, BAC has almost tripled their dividend since then. Nowhere have I seen the effects of reinvesting and compounding more dramatically in my portfolio than in BAC.

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