Bank of America (BAC) will raise its quarterly dividend by 60 percent to $0.12 per share. The new dividend will be paid on September 29, 2017 to shareholders of record on September 1, 2017.
Bank of America Corporation is a bank holding and financial holding company. The company serves individual consumers, small and middle-market businesses and large corporations with banking, investing, asset management and other financial and risk management products and services.