Bank of America (BAC) Declares $0.12 Quarterly Dividend; 1.7% Yield

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Bank of America Declares Quarterly Stock Dividends

October 25, 2017 11:53 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 $0.12 per share, payable December 29 to shareholders of record as of December 1.

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, 2018 to shareholders of record as of January 11, 2018.

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