dividend
confidence high
sentiment positive
materiality 0.65
Bank of America plans to raise quarterly dividend 9% to $0.24 per share
BANK OF AMERICA CORP /DE/
- Planned increase from $0.22 to $0.24 per share, a 9% rise, starting Q3 2023.
- Dividend increase is subject to approval by the Board of Directors.
- Company is in ongoing discussions with the Federal Reserve regarding CCAR test differences.