Bank of America plans to lift dividend by 8% after passing Fed stress test

6 days ago 3

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• Dividend Stocks News

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Bank of America (NYSE:BAC) is planning to boost its quarterly common stock dividend by 8% to $0.28 per share starting in Q3 2025, it said on Tuesday, after clearing the Federal Reserve's annual stress test.

Under current Fed rules, BofA's (

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