Bank of America Increases Common Stock Dividend 17 Percent
July 21 2021 - 4:15PM
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, 2021.
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
66 million consumer and small business clients with approximately
4,300 retail financial centers, approximately 17,000 ATMs, and
award-winning digital banking with approximately 41 million active
users, including approximately 32 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
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
approximately 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
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version on businesswire.com: https://www.businesswire.com/news/home/20210721005800/en/
Investors May Contact: Lee McEntire, Bank of America
Phone: 1.980.388.6780 lee.mcentire@bofa.com
Jonathan Blum, Bank of America (Fixed Income) Phone:
1.212.449.3112 jonathan.blum@bofa.com
Reporters May Contact: Jerry Dubrowski, Bank of America
Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile)
jerome.f.dubrowski@bofa.com
Christopher P. Feeney, Bank of America Phone: 1.980.386.6794
christopher.feeney@bofa.com
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