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Bank of America Lifts Dividend, Approves $40 Billion Buyback

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Bank of America Lifts Dividend, Approves $40 Billion Buyback

Jul 23, 2025 2:55 PM

05:32 PM EDT, 07/23/2025 (MT Newswires) -- Bank of America ( BAC ) said late Wednesday it raised its quarterly dividend by $0.02 to $0.28 per share, payable Sept. 26 to shareholders of record as of Sept. 5.

The board also authorized a new $40 billion share repurchase program, effective Aug. 1.

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