Bank of America announces first quarter dividends for common and preferred stocks

Bank of America announces first quarter dividends for common and preferred stocks

Banking & Finance
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Brian Moynihan CEO of Bank of America | Bank of America

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Bank of America Corporation has announced the declaration of its first-quarter stock dividends for 2025. The Board of Directors approved a regular quarterly cash dividend on Bank of America common stock, amounting to $0.26 per share. This dividend will be payable on March 28, 2025, to shareholders who are recorded as of March 7, 2025.

Additionally, the Board declared a quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. This dividend is scheduled for payment on April 25, 2025, to shareholders registered by April 11, 2025.

Bank of America serves a diverse clientele including individual consumers and businesses across various markets with an array of financial services. The institution operates around 3,700 retail financial centers and approximately 15,000 ATMs in the United States. It also provides digital banking services to about 58 million verified users globally.

The company's operations extend beyond the U.S., covering more than 35 countries worldwide. Its stock is listed on the New York Stock Exchange under the symbol BAC.

For further information or inquiries regarding investments or media relations, contact details have been provided for Lee McEntire and Jonathan G. Blum for investors, and Jocelyn Seidenfeld for reporters.

Investors are reminded that investing in securities carries risks including potential loss of money. The material shared does not constitute investment advice and individuals should consider their circumstances before making decisions based on this information.

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