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Bank of America plans dividend hike, buybacks: CEO Moynihan

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Financial institution of America chairman and Chief Executive Officer Brian Moynihan, in an exclusive meeting with FOX Organization' Maria Bartiromo, claimed that he anticipates to raise dividends and also share buybacks provided 'investors ought to profit' from the bank's profitability.

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Bank of America plans dividend hike, buybacks: CEO Moynihan

Bank of America chairman and CEO Brian Moynihan, in an exclusive interview with FOX Business' Maria Bartiromo, said that he expects to increase dividends and share buybacks given 'shareholders ought to benefit' from the bank's profitability.

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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