By Kathryn Hardison
Bank of America Corp. plans to increase its quarterly dividend to 22 cents per share starting in the third quarter.
The company said Monday that the 5% increase is subject to approval from the board of directors.
Shares were trading at $32.38 after market close on Monday.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
06-27-22 1707ET