Bank of America Increases Dividend by 14%

Bank of America (BAC) has raised its quarterly dividend from $0.28 per share to $0.32 per share, representing a 14.3% increase. The new forward yield is estimated at 2.09%, with the dividend payable on September 25 for shareholders of record as of September 4.

By Preeti Singh, SA News Editor · Seeking Alpha ·

Bank of America Increases Dividend by 14%

Tickers: $BAC

Topics: dividend stock buybacks

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