Bank of America (BAC) Declares $0.05 Quarterly Dividend; 1.2% Yield

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Bank of America Declares Quarterly Stock Dividends

October 22, 2015 10:42 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 December 24 to shareholders of record as of December 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 January 25, 2016 to shareholders of record as of January 11, 2016.

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