How To Generate 22% Yield From Bank Of America's Cheap Shares

How To Generate 22% Yield From Bank Of America’s Cheap Shares

Posted On August 17, 2016 8:01 pm
By: Dividend Sensei

Bank of America’s shares have traded at a substantial discount to book value ever since the financial crisis, despite management’s amazing turnaround. Find out just how cheap those shares are, and how you can use a low risk option strategy to generate up to 22% annual income yield from them.

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Tagged with: BAC Bank of America options puts

About author

Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I'm a proud co-founder of Wide Moat Research, Dividend Kings, and the Intelligent Dividend Investor. My work can be found on Seeking Alpha, Dividend Kings, iREIT, and the Intelligent Dividend Investor. My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams and enrich their lives. With 24 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams and achieving long-term financial goals.