Bank of America (BAC): A Dividend Growth Stock That Benefits from Rising Interest Rates

Posted On November 24, 2016 3:47 pm

Bank Of America has finally started taking off, as many of us expected it to. Find out why this king of turnarounds is still undervalued and well worth buying even at today’s prices, especially ahead of explosive dividend growth that’s likely to result from rising interest rates and tens of billions in additional profits coming down the line.

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Dividend Sensei
Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I currently write for both Seeking Alpha, Simply Safe Dividends, and DividendSensei.com 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 22 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. I'm currently on an epic quest to build a broadly diversified, high-quality, high-yield dividend growth portfolio that: 1. Pays a 5% yield 2. Offers 7% annual dividend growth 3. Pays dividends AT LEAST on a weekly, but preferably, daily basis

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