http://www.valueinvestingnews.com/bank-america-bac-cuts-dividend-50 Comments for "Bank of America (BAC) Cuts Dividend By 50%" en http://www.valueinvestingnews.com/bank-america-bac-cuts-dividend-50 When I saw the announcement that Bank of America (BAC) would acquire Merrill Lynch, I was concerned about the combined company's ability to sustain its dividend. Unfortunately, my concerns were validated with an after the market announcement that BAC would cut its dividend to $0.32/share, down from $0.64/share. Below are excepts from the news release: http://www.valueinvestingnews.com/bank-america-bac-cuts-dividend-50#comments Commentary BAC Mon, 06 Oct 2008 20:50:48 -0400 Dividends4Life 6171 at http://www.valueinvestingnews.com