---
schema_version: "secwatch.filing_event.v1"
accession: "0000070858-23-000161"
form_type: "8-K"
ticker: "BAC"
cik: "0000070858"
company_name: "BANK OF AMERICA CORP /DE/"
filed_at: "2023-07-05T23:59:59+00:00"
generated_at: "2026-06-13T12:55:53.352822+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bank of America plans to raise quarterly dividend 9% to $0.24 per share

## Summary
- 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.

## SEC filing metadata
- accession: 0000070858-23-000161
- form_type: 8-K
- ticker: BAC
- cik: 0000070858
- company_name: BANK OF AMERICA CORP /DE/
- filed_at: 2023-07-05T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70858/000007085823000161/0000070858-23-000161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70858/000007085823000161/bac-20230705.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070858-23-000161
- JSON: https://secwatch.observer/filing/0000070858-23-000161.json
- Plain text: https://secwatch.observer/filing/0000070858-23-000161.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.