Enhanced Investments - Financial Portal

Bank of America Increases Common Stock Dividend

Published: 2023-07-19 20:15:00 ET

CHARLOTTE, N.C., July 19, 2023 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.24 per share, up $0.02 from the prior quarter. The dividend is payable on September 29, 2023 to shareholders of record as of September 1, 2023.

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, 2023 to shareholders of record as of October 10, 2023.

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 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 15,000 ATMs and award-winning digital banking with approximately 57 million verified digital 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 4 million small business households 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 and register for email news alerts.

www.bankofamerica.com

Investors May Contact: Lee McEntire, Bank of AmericaPhone: 1.980.388.6780lee.mcentire@bofa.com

Jonathan Blum, Bank of America (Fixed Income)Phone: 1.212.449.3112jonathan.blum@bofa.com

Reporters May Contact:Bill Halldin, Bank of AmericaPhone: 1.916.724.0093william.halldin@bofa.com

Christopher P. Feeney, Bank of AmericaPhone: 1.980.386.6794christopher.feeney@bofa.com

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SOURCE Bank of America Corporation

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.