Bank of America Raises Common Stock Dividend by 17%
22 July 2021 - 8:13AM
Dow Jones News
By Stephen Nakrosis
Bank of America Corp. on Wednesday said its board approved a 17%
increase to the company's quarterly cash dividend.
The company said the new dividend of 21 cents per share will be
payable Sept. 24 to shareholders of record on Sept. 3.
Bank of America also said its board declared a regular quarterly
cash dividend of $1.75 per share on its 7% Cumulative Redeemable
Preferred Stock, Series B. That dividend is payable on Oct. 25 to
shareholders of record as of Oct. 15.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
July 21, 2021 18:11 ET (22:11 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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