Analyst: Prepare for the decimation of Regions dividend
By Geert De Lombaerde Posted on January 26, 2009 at 7:59 amDick Bove of Ladenburg Thalmann says the parent of Middle Tennessee’s largest bank won’t make any money this year, but keeps his ‘buy’ rating on its stock (Ticker: RF), which is down 50 percent since the summer.
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Tags: analyst actions, banking, dividends, Ladenburg Thalmann & Co. Inc., Regions Financial Corp., stock valuation
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