1. Bank of America announces regular cash dividends for preferred stock. 2. Dividends include various series with amounts ranging from $0.2656 to $1,272.69. 3. Dividend payments are made quarterly or semi-annually depending on the series. 4. The bank serves about 69 million clients with extensive financial services. 5. Offers innovative products to 4 million small business households.
The announcement of consistent dividends usually reflects a healthy financial state. Historical trends show that dividend announcements can boost investor confidence and stock prices.
The stability and predictability of dividends increase investor confidence and can lead to price appreciation. High dividend yields are attractive to income-focused investors.
Immediate dividend announcements typically influence stock prices in the short term as investors respond quickly. Similar past announcements have led to favorable market reactions shortly after release.
CHARLOTTE, N.C., July 18, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:
| Series of Preferred Stock | Dividend per Share or Depositary Share | Record Date | Payment Date |
|---|---|---|---|
| Floating Rate Non-Cumulative Preferred Stock, Series E | $0.31548 | July 31 | August 15 |
| Floating Rate Non-Cumulative Preferred Stock, Series F | $1,272.68711 | August 29 | September 15 |
| Adjustable Rate Non-Cumulative Preferred Stock, Series G | $1,272.68711 | August 29 | September 15 |
| Floating Rate Non-Cumulative Preferred Stock, Series 1 | $0.33385 | August 15 | August 28 |
| Floating Rate Non-Cumulative Preferred Stock, Series 2 | $0.33488 | August 15 | August 28 |
| Floating Rate Non-Cumulative Preferred Stock, Series 4 | $0.34127 | August 15 | August 28 |
| Floating Rate Non-Cumulative Preferred Stock, Series 5 | $0.32475 | August 1 | August 21 |
| Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series DD | $31.50000 | August 15 | September 10 |
| Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF | $29.3750000 | September 1 | September 15 |
| 6.000% Non-Cumulative Preferred Stock, Series GG | $0.3750000 | August 1 | August 18 |
| 5.375% Non-Cumulative Preferred Stock, Series KK | $0.3359375 | September 1 | September 25 |
| 5.000% Non-Cumulative Preferred Stock, Series LL | $0.3125000 | September 1 | September 17 |
| 4.250% Non-Cumulative Preferred Stock, Series QQ | $0.2656250 | August 1 | August 18 |
| 4.750% Non-Cumulative Preferred Stock, Series SS | $0.2968750 | August 1 | August 18 |
Each series of preferred stock, other than Series F and Series G, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series DD and Series FF for which dividends are paid on a semi-annual basis.
About Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.
Lee McEntire, Bank of America
Phone: 1.980.388.6780
Email: lee.mcentire@bofa.com
Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
Email: jonathan.blum@bofa.com
Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
Email: jocelyn.seidenfeld@bofa.com
SOURCE Bank of America Corporation