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Bank of America Declares Preferred Stock Dividends Payable in July and August 2025

1. Bank of America declared cash dividends on multiple preferred stock series. 2. Dividends vary, with Series L at $18.125 and Series HH at $0.3671875. 3. Payment dates range from July 24 to August 4. 4. BAC serves 69 million clients with extensive retail and digital banking. 5. The bank is a leader in wealth management and investment banking.

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FAQ

Why Bullish?

The dividends signal financial strength, potentially boosting investor confidence in BAC, similar to past dividend announcements that led to stock appreciation.

How important is it?

The regular cash dividends demonstrate BAC's commitment to shareholder returns, likely attracting new investments and positively influencing stock price.

Why Short Term?

Dividends typically result in immediate positive market reaction, although sustained impact depends on future earnings and macroeconomic factors.

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JPMCWFC
, /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 Share1 Record Date Payment Date 7.25% Non-CumulativePerpetual ConvertiblePreferred Stock, Series L $18.1250000 July 1 July 30 5.875% Non-CumulativePreferred Stock, Series HH $0.3671875 July 1 July 24 4.375% Non-Cumulative Preferred Stock, Series NN $0.2734375 July 15 August 4 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series OO $16.9305556 July 15 August 1 4.125% Non-Cumulative Preferred Stock, Series PP $0.2578125 July 15 August 4 4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR $10.9375000 July 1 July 28 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT $15.3125000 July 1 July 28 1 Each series of preferred stock, other than Series L, is represented by depositary shares. Bank of AmericaBank 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). Investors May Contact: Lee McEntire, Bank of AmericaPhone: 1.980.388.6780[email protected] Jonathan G. Blum, Bank of America (Fixed Income)Phone: 1.212.449.3112[email protected] Reporters May Contact: Jocelyn Seidenfeld, Bank of AmericaPhone: 1.646.743.3356[email protected] SOURCE Bank of America Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

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