Bank of America Declares Quarterly Stock Dividends
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 $0.15 per share, payable on September 28 to shareholders of record as of September 7. As previously announced, the dividend amount represents an increase of 25 percent from the previous quarterly dividend.
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 on October 25 to shareholders of record as of October 11.
Bank of America
Bank of America is one of the world’s leading
financial institutions, serving individual consumers, small and
middle-market businesses and large corporations with a full range of
banking, investing, asset management and other financial and risk
management products and services. The company provides unmatched
convenience in the United States, serving approximately 67 million
consumer and small business clients with approximately 4,400 retail
financial centers, approximately 16,100 ATMs, and award-winning digital
banking with approximately 36 million active users, including 25 million
mobile users. Bank of America is a global leader in wealth management,
corporate and investment banking and trading across a broad range of
asset classes, serving corporations, governments, institutions and
individuals around the world. Bank of America offers industry-leading
support to approximately 3 million small business owners through a suite
of innovative, easy-to-use online products and services. The company
serves clients through operations across the United States, its
territories and more than 35 countries. Bank of America Corporation
stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom. Click here to register for news email alerts.
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Investors May Contact:
Lee McEntire, Bank of America, 1.980.388.6780
Jonathan
G. Blum, Bank of America (Fixed Income), 1.212.449.3112
Reporters
May Contact:
Lawrence Grayson, Bank of America, 1.704.995.5825
lawrence.grayson@bankofamerica.com
Source: Bank of America Corporation
Released July 26, 2018