Can Investors Expect Dividends From Bank of America Corp (BAC) and Citigroup Inc. (C) Any Time Soon?

Though at the bottom of the heap, 10% to 30% isn’t nothing. Both Citi and Bank of America are still working on their internal issues, one of which is poor earnings. Fourth-quarter results for B of A were still very low, at $0.03 per share, while Citi’s $0.69 per share earnings missed estimates by $0.27. Bank of America is likely still skittish about asking the Fed to return capital to investors, and Citi will be happy to finally pass the test.

Things are looking a bit better this year for both banks, however, so it’s possible that the long-suffering investors of these big banks will receive a pleasant surprise in a week’s time.

The article Can Investors Expect Dividends From Bank of America and Citigroup Any Time Soon? originally appeared on and is written by Amanda Alix.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs and Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo.

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