The US central bank adjusts dividend rules for its largest member banks

The US central bank has updated the asset threshold that determines how much dividend its member banks receive on their stock. Banks with more than $12.8 billion in assets will now get a lower dividend rate than smaller banks.

This is a routine annual adjustment, not a policy change. The US central bank is legally required to update this threshold every year based on inflation. It simply means that more banks will likely cross the threshold into the lower dividend category as their assets grow with inflation.