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Share Name Share Symbol Market Type
Bank of America Corporation NYSE:BAC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.29 -0.76% 37.67 38.27 37.56 38.20 48,659,409 00:59:09

Bank of America Raises Common Stock Dividend by 17%

21/07/2021 11:13pm

Dow Jones News


Bank of America (NYSE:BAC)
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   By Stephen Nakrosis 
 

Bank of America Corp. on Wednesday said its board approved a 17% increase to the company's quarterly cash dividend.

The company said the new dividend of 21 cents per share will be payable Sept. 24 to shareholders of record on Sept. 3.

Bank of America also said its board declared a regular quarterly cash dividend of $1.75 per share on its 7% Cumulative Redeemable Preferred Stock, Series B. That dividend is payable on Oct. 25 to shareholders of record as of Oct. 15.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 21, 2021 18:11 ET (22:11 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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