Many people are talking about how cheap on historical levels bank stocks are at present but has any taken into account future reduced dividends.
I am surprised that none of the big banks (yet -altho I stand to be corrected) have released any guidance on future earnings.
I reckon some of them have lost a few bucks.
i have no exposure to banks yet but am getting tempted. Would appreciate others thoughts
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will bank dividends be reduced
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Glen Diemar, MD
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