Payments

Bank of America boosts dividend

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July 27, 2023

Bank of America has announced a regular quarterly cash dividend of $0.24 per share up from 2 cents from the previous quarter. The dividend will be payable on Sept. 29, according to a press release.

The board also announced a regular quarterly cash dividend of $1.75 per share on the 7% cumulative redeemable preferred stock, series B. This dividend will be payable on Oct. 25.