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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.
Bank of America Comments on Stress Test Results; Plans to Increase Quarterly Dividend 8% to $0.28 Per Share
Bank of America today commented on the results of the Federal Reserve's 2025 Comprehensive Capital Analysis and Review (CCAR) and announced plans to increase its quarterly common stock dividend to $0.
Other heavyweights followed. Bank of America bumped its payout 8% to 28 cents, Wells Fargo moved from 40 to 45 cents, ...
Zacks.com on MSN15h
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 ...
Benzinga on MSN1d
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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