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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 Corp. clients withdrew money from US equities at the fastest pace in 10 weeks, reducing exposure as the S&P 500 capped its best quarter since 2023 to end June at a record.
Bank of America appears to have broken an important resistance level. Yjos means there is a good chance that it trends higher ...
The Oracle of Omaha has jettisoned more than 401 million shares of Bank of America stock since mid-July 2024, and built up a ...
Chase Bank is closing all of its 4,700 branches nationwide this Friday, July 4, in observance of Independence Day. The move ...
Evidence of a U.S. manufacturing slowdown is mounting, according to the Bank of America Institute. Tariffs could help reduce ...
A Bank of America analyst sees a stock bubble forming in the second half of 2025, fueled by the prospect of lower interest ...
Bank of America CEO Brian Moynihan has steered one of the world’s largest financial institutions through two economic crises, ...
South Portland police say the suspects punched the technician and threatened to shoot him if he did not open the ATM vault ...
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