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TMCNet:  SmarTrend(R) News Watch: Bank of America Authorizes $713 Million in TARP Dividend Payments

[July 05, 2009]

SmarTrend(R) News Watch: Bank of America Authorizes $713 Million in TARP Dividend Payments

Jul 05, 2009 (SmarTrend(R) News Watch via COMTEX) -- Bank of America (NYSE:BAC) said Thursday that its board of directors has authorized about $713 million in TARP dividend payments to the U.S. government. The company also announced that its board authorized dividend payments on almost 20 preferred stocks.
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