Key Points
- Big banks including Bank of America, JPMorgan Chase, and Goldman Sachs may be ready to boost shareholder payouts now that Federal Reserve's stress tests are behind them.
- All 23 major banks subject to the stress tests have passed.
- The financials sector was the S&P's best performer following that news.
- Watch for dividend announcements after the closing bell on June 30.
- 5 stocks we like better than Bank of America
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