Bank of America (BAC) Raises Quarterly Dividend 16.7% to $0.21; 2.2% Yield

Go back to Bank of America (BAC) Raises Quarterly Dividend 16.7% to $0.21; 2.2% Yield

Bank of America Increases Common Stock Dividend 17 Percent

July 21, 2021 4:15 PM 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 $0.21 per share, up 17 percent from the prior quarter. The dividend is payable on September 24, 2021 to shareholders of record as of September 3, 2021.

The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on October 25, 2021 to shareholders of record as of October 15,... More