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Bank of America to Raise Dividend by 8% After Stress Test
Bank of America said it plans to raise its quarterly stock dividend to 28 cents a share after a stress test showed improvement in the bank's modeled capital depletion. The Charlotte company said the new dividend is subject to board approval and would be raised starting in the third quarter.
Zacks.com on MSN2h
Banks Lift Payouts Amid Successful Stress Test: ETFs in FocusMost U.S. banks raised their dividend payouts as top U.S. banks passed the Fed's stress test with strong capital. Play ETFs ...
The “stress” is far from over for Brian Moynihan. Bank of America was the only major US bank not to get full approval for its capital plans on Wednesday after Janet Yellen’s Federal Reserve ...
Two of Wall Street’s largest lenders are questioning the Federal Reserve’s projections for their future income, the latest sign of tension around the central bank’s annual stress tests.
The yearly stress tests have become an important event in the annual banking cycle. Since the current version of the. Bank of America’s Stress Test History | Nasdaq ...
Benzinga on MSN19h
Fed Stress Test Signals Bank Resilience, Paves Way For Billions In Capital Returns To ShareholdersShares of major U.S. banks rose Monday morning after all 22 institutions passed the Federal Reserve’s annual stress test, ...
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