Bank of America raises its dividend on common stock.

A regular quarterly cash dividend of $1.75 per share on the Series B 7% Cumulative Redeemable Preferred Stock was also issued by the Board. Shareholders with records as of October 10, 2023 will receive the dividend on October 25, 2023.

One of the top financial organisations in the world, Bank of America offers a broad variety of banking, investing, asset management, and other financial and risk management products and services to individuals, small and mid-sized enterprises, and major corporations. With over 3,900 retail financial centres, 15,000 ATMs, and award-winning internet banking with roughly 57 million verified digital users, the corporation offers unequalled convenience in the United States to its 68 million consumer and small business customers. In terms of wealth, Bank of America is a world leader.

serves international corporations, governments, organisations, and private individuals through management, corporate and investment banking, as well as trading across a wide range of asset classes. Through a variety of cutting-edge, user-friendly online products and services, Bank of America provides approximately 4 million small business households with industry-leading support. The corporation has operations in the United States, its territories, and more than 35 other countries, providing services to customers. The New York Stock Exchange (NYSE: BAC) lists the stock of Bank of America Corporation.

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