Bank of America (BAC) Declares $0.05 Quarterly Dividend; 1.1% Yield

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Bank of America Declares Quarterly Stock Dividends

July 23, 2015 11:09 AM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.05 per share, payable September 25 to shareholders of record as of September 4.

The board also declared a regular quarterly cash dividend of $1.75 per share on the 7 percent Cumulative Redeemable Preferred Stock, Series B. The dividend is payable October 23 to shareholders of record as of October 9.

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