Free Trial
→ What Comes Next Could Be a Once-in-a-Lifetime Opportunity (From InvestorPlace) (Ad)

Bank of America, JPMorgan, Goldman Sachs Set For Dividend Growth?

Kate Stalter
Written by Kate Stalter
June 30, 2023

Key Points

  • Big banks including Bank of America, JPMorgan Chase, and Goldman Sachs may be ready to boost shareholder payouts now that Federal Reserve's stress tests are behind them.
  • All 23 major banks subject to the stress tests have passed.
  • The financials sector was the S&P's best performer following that news.
  • Watch for dividend announcements after the closing bell on June 30. 
  • 5 stocks we like better than Bank of America.

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Upgrade Now See Benefits

Already have an account? Log in here.

Should you invest $1,000 in Bank of America right now?

Before you consider Bank of America, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank of America wasn't on the list.

While Bank of America currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover
7 Stocks to Buy And Hold Forever

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Kate Stalter
About The Author

Kate Stalter

Contributing Author

Retirement, Asset Allocation, and Tax Strategies

Learn More about Kate Stalter
Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Bank of America (BAC)
4.8242 of 5 stars		$46.55+1.1%2.23%16.93Moderate Buy$44.26
Financial Select Sector SPDR Fund (XLF)N/A$50.26+1.4%1.39%18.32Moderate Buy$50.26
JPMorgan Chase & Co. (JPM)
4.5716 of 5 stars		$245.17+1.8%2.04%13.64Hold$229.31
The Goldman Sachs Group (GS)
4.9839 of 5 stars		$597.01+2.6%2.01%17.52Moderate Buy$542.00
Compare These Stocks  Add These Stocks to My Watchlist 


Featured Articles and Offers

Recent Videos

These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines