Bank of America Corp. (BAC) Declares $0.01 Quarterly Dividend; 0.7% Yield

Bank of America Corp. (NYSE: BAC) declared a quarterly dividend of $0.01 per share, or $0.04 annualized.

The dividend will be payable on December 23, 2011, to stockholders of record on December 2, 2011, with an ex-dividend date of November 30, 2011.

The annual yield on the dividend is 0.7 percent.

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