Bank of America raises quarterly dividend 8% to $0.26, authorizes $25B buyback

BANK OF AMERICA CORP /DE/

Common dividend increased 8% to $0.26 per share; payable Sept 27, 2024 to holders of record Sept 6, 2024.
Board authorized new $25B common stock repurchase program effective Aug 1, 2024.
Prior buyback program had $6.7B remaining as of June 30, 2024; new program replaces it.
Series B preferred dividend of $1.75 per share declared, payable Oct 25, 2024 to holders of record Oct 11, 2024.
Repurchases subject to capital position, liquidity, market conditions, and may be suspended at any time.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.