---
schema_version: "secwatch.filing_event.v1"
accession: "0000070858-24-000178"
form_type: "8-K"
ticker: "BAC"
cik: "0000070858"
company_name: "BANK OF AMERICA CORP /DE/"
filed_at: "2024-06-28T23:59:59+00:00"
generated_at: "2026-06-01T00:52:56.182824+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# BofA plans 8% dividend hike to $0.26/sh in Q3 2024; CCAR sets SCB at 3.2%

## Summary
- Quarterly common dividend to rise to $0.26/share from $0.24, subject to board approval.
- 2024 CCAR results: stress capital buffer set at 3.2%, CET1 minimum requirement at 10.7%.
- New SCB effective October 1, 2024 through September 30, 2025.
- At March 31, 2024, CET1 capital was $197B (ratio 11.9%), exceeding current minimum of 10.0%.
- Dividend increase reflects strong capital position after Federal Reserve stress test.

## SEC filing metadata
- accession: 0000070858-24-000178
- form_type: 8-K
- ticker: BAC
- cik: 0000070858
- company_name: BANK OF AMERICA CORP /DE/
- filed_at: 2024-06-28T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70858/000007085824000178/0000070858-24-000178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70858/000007085824000178/bac-20240628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070858-24-000178
- JSON: https://secwatch.observer/filing/0000070858-24-000178.json
- Plain text: https://secwatch.observer/filing/0000070858-24-000178.txt

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