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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.
In a Bank of America Global Research Report, economist Shruti Mishra outlines where the payroll, unemployment and wage ...
Other heavyweights followed. Bank of America bumped its payout 8% to 28 cents, Wells Fargo moved from 40 to 45 cents, ...
Independence Day is a federal holiday. Many services and retailers may operate at limited hours or be closed. Will banks be ...
A Bank of America analyst sees a stock bubble forming in the second half of 2025, fueled by the prospect of lower interest ...
Federal banking agency job cuts and a deregulatory push have again stoked conversations around consolidation. Merging agency ...
Chase Bank is closing all of its 4,700 branches nationwide this Friday, July 4, in observance of Independence Day. The move ...
Ms. Shelton, a monetary economist, is a senior fellow at the Independent Institute and author of ‘Good as Gold: How to ...
The risk of a speculative stock-market bubble is increasing as expectations of US interest-rate cuts draw massive investment ...
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