Regions Financial (RF) Approves Dividends, Is The 16% Undervalued Case Still Compelling?

Regions Financial (RF) is back in focus after the board approved fresh quarterly cash dividends on both common and several preferred share classes, setting new payout dates that income oriented investors will watch closely. Regions Financial shares trade at US$26.89 after declining about 10% on a 1 month share price basis and 17% over 3 months, yet the 1 year total shareholder return of roughly 13% and 3 year figure above 80% indicate that, despite recent pressure, longer term investors have...