Wednesday, January 14, 2009

Latest dividend information from the "big 8"

---------------------------------Last---------Last--------Outstanding
---------------------------------Declared----Amount-----Shares
Bank of America (BAC).....10/16/08.....$0.32..............6.4B
Bank of NY (BK)................1/13/09......$0.24..............1.15B
Citigroup (C)....................9/29/08......$0.16..............5.5B
Goldman Sachs (GS).........12/16/08......$0.47..............442M
JPMorgan Chase (JPM)...12/09/08......$0.38.............3.7B
Morgan Stanley (MS).......12/17/08...... $0.27.............1.0B
State Street (STT)............12/18/08...... $0.24.............432M
Wells Fargo (WFC)...........10/22/08...... $0.34.............4.2B

According to my calculations, that is a total of $6.6 billion only considering the last declared dividends. Keep in mind that BAC and WFC declared theirs before receiving the money from the government.

Source: Bloomberg

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