Bank of America Comments on Stress Test Results
June 28, 2024
June 28, 2024
CHARLOTTE, North Carolina, June 28 -- Bank of America, a financial institution, issued the following news release:
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Plans to Increase Quarterly Dividend 8% to $0.26 Per Share
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Bank of America today commented on the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR) and announced plans to increase its quarterly common stock dividend to $0.26 per share beginning in the third quarter of 2024.
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Plans to Increase Quarterly Dividend 8% to $0.26 Per Share
* * *
Bank of America today commented on the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR) and announced plans to increase its quarterly common stock dividend to $0.26 per share beginning in the third quarter of 2024.