☰

Empresas y finanzas

BofA raises dividend to 5 cents per share


    (Reuters) - Bank of America Corp said it would increase its quarterly dividend to 5 cents per shares from 1 cent per share, its first dividend increase in seven years.

    The bank withdrew its previously planned increase in April after it found errors that reduced a key capital level by $4 billion.

    (Reporting by Tanya Agrawal; Editing by Saumyadeb Chakrabarty)