Here's What's New In The World Of Investing...

Bank of America Corporation ($BAC) Raises Dividend By 8%

Here’s a stock that’s up 100%, with dividends reinvested, from its October, 2023 lows.

Bank of America Corporation is a financial conglomerate that offers consumer banking, wealth management, and global banking services. The firm has been in business since 1784. And, earlier this week, Bank of America Corporation announced their plans for a major dividend raise.

The company will hike their dividend by 8%, effective sometime, most likely September, in the third quarter of 2025.

Going forward, Bank of America Corporation will pay a $0.28/share quarterly dividend.

• Ex-dividend date: Q3, 2025

• Payout date: Q3, 2025

• Forward starting dividend yield: 2.28%

Citigroup Inc. ($C) Raises Dividend By 7%

Globally diversified financial services provider Citigroup Inc. operates in approximately 160 countries.

This week, the firm announced its plans for an upcoming dividend raise.

Citigroup Inc. will hike its dividend by 7%, effective in the third quarter of this year - and after examining the bank’s dividend history, this new dividend should be issued sometime in August.

Going forward, Citigroup Inc. will now pay a quarterly distribution of $0.60/share.

• Ex-dividend date: Q3, 2025

• Payout date: Q3, 2025

• Forward starting dividend yield: 2.70%

Constellation Brands, Inc. ($STZ) Declares $1.02 Dividend

Beer, wine, and spirits. Those are the products that Constellation Brands, Inc. makes and markets.

The company owns recognizable brands like Corona and Modelo.

And, Constellation Brands has been steadily growing its dividend every year since 2015.

Early this morning, the firm announced its latest dividend payment. Constellation Brands, Inc. will pay a $1.02/share quarterly dividend, in-line with the previous distribution.

• Ex-dividend date: 7/30/25

• Payout date: 8/14/25

• Forward starting dividend yield: 2.37%