secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF AMERICA CORP /DE/ (BAC)
CIK:        0000070858
Form:       8-K
Filed at:   2023-07-05T23:59:59+00:00
Accession:  0000070858-23-000161
Event type: dividend
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70858/000007085823000161/0000070858-23-000161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70858/000007085823000161/bac-20230705.htm
  HTML page:      https://secwatch.observer/filing/0000070858-23-000161

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer