Bank of America Boosts Dividend and Buybacks | Business and Finance News

Bank of America just boosted its quarterly dividend by 14%, now paying 32 cents per share, signaling strong earnings and confidence in future growth—backed by a stellar performance in Fed stress tests. Alongside the dividend, the bank’s $40 billion share repurchase program has already spent $13 billion this year, with $17 billion still available, reinforcing its commitment to returning value to shareholders. With rising revenue and profits, BofA’s stock is outpacing the market, offering investors a clear sign of financial strength and shareholder-friendly strategy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/437fbde9a7acf947