BAC, C, JPM huge dividends

[S2007S]

These will be cut shortly.






Summary
BK OF AMERICA CP (NYSE:BAC)
Last Trade: 13.75
Trade Time: 12:23PM ET
Change: Down 1.44 (9.49%)
Prev Close: 15.19
Open: 14.81
Bid: N/A
Ask: N/A
1y Target Est: 29.76

Day's Range: 13.72 - 14.98
52wk Range: 14.54 - 47.00
Volume: 76,227,822
Avg Vol (3m): 107,093,000
Market Cap: 62.72B
P/E (ttm): 11.97
EPS (ttm): 1.15
Div & Yield: 1.28 (8.50%)
Chart for Bank of America Corporation (BAC)
1d 5d 3m 6m 1y 2y 5y max
Message Board, Profile, Key Statistics, more...

CITIGROUP INC (NYSE:C)
Last Trade: 7.40
Trade Time: 12:23PM ET
Change: Down 0.96 (11.48%)
Prev Close: 8.36
Open: 8.19
Bid: N/A
Ask: N/A
1y Target Est: 16.55

Day's Range: 7.37 - 8.33
52wk Range: 7.89 - 35.29
Volume: 107,521,499
Avg Vol (3m): 141,350,000
Market Cap: 40.33B
P/E (ttm): N/A
EPS (ttm): -4.09
Div & Yield: 0.64 (7.20%)
Chart for Citigroup, Inc. (C)
1d 5d 3m 6m 1y 2y 5y max
Message Board, Profile, Key Statistics, more...

JP MORGAN CHASE CO (NYSE:JPM)
Last Trade: 29.23
Trade Time: 12:23PM ET
Change: Down 2.91 (9.05%)
Prev Close: 32.14
Open: 31.69
Bid: N/A
Ask: N/A
1y Target Est: 45.85

Day's Range: 29.06 - 32.02
52wk Range: 29.24 - 50.63
Volume: 40,154,474
Avg Vol (3m): 60,020,600
Market Cap: 108.94B
P/E (ttm): 13.45
EPS (ttm): 2.17
Div & Yield: 1.52 (4.60%)
Chart for JPMorgan Chase & Co (JPM)
1d 5d 3m 6m 1y 2y 5y max
Message Board, Profile, Key Statistics, more...

 

[drsteph]

If JPM goes so do we all, I fear.

 

[dsq]

citi cut their div to 0...pretty sure of that

 

[drsteph]

Quote from drsteph:

If JPM goes so do we all, I fear.

Well, as soon as it blew by my 30 bid and went down to 28ish yesterday I knew I was dead wrong on this one. Stopped out at 26.86 and happy to be so. 69 SPY puts expiring TOMORROW traded .30!!!! Unreal. This is just looking so bad I can't even fathom it.

 

[brokerboy]

i dont see JPM or BAC cutting div. i have no guess on C but it does not look like a good outcome.