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  1. Home
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  3. / Stocks

Here's Dividend-Yielding Bank People Can 'Unite' Around

People's United has a dividend yield of 4.29% and is buying holding bank United Financial.
By CHRIS VERSACE
Jul 31, 2019 | 11:30 AM EDT
Stocks quotes in this article: BAC, XLF, ^GSPC, WFC, BBT, UMPQ, PBCT, UBNK
Bank of America (BAC) made headlines last month with its plan to return $37 billion to shareholders over the next 12 months, through share repurchases and dividendsAlongside that announcement the financial conglomerate said it would boost its quarterly dividend by 20% to 18 cents per shareThe new annualized dividend of 72 cents drives a dividend y...
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