Bernake to Banks - Cut your dividends!

[Running_Man]

Listening to Len Walter in Chicago, claim Ben Bernake is telling major banks they should be cutting their dividend to improve their capital position. That would lower the banking stocks and explain their recent swoon back to new lows.

[al_bundy]

but the usuall suspects in the bank stocks thread told us bank stocks were a value because of the dividends

[barbarus]

Bennie better watch it or some of the homies here are gonna say he's a "tin hat".

[ziggy29]

Quote:

Originally Posted by al_bundy but the usuall suspects in the bank stocks thread told us bank stocks were a value because of the dividends

Only the "usual suspects" who naively thought 6% to 10% dividend yields were sustainable.