Bank of America Corporation has declared its second-quarter 2025 dividends for shareholders, according to an announcement made by the company today. The Board of Directors approved a regular quarterly cash dividend of $0.26 per share on the common stock. The payout is scheduled for June 27, 2025, to shareholders who are on record by June 6, 2025.
Additionally, a cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B, was also declared. This dividend will be distributed on July 25, 2025, with a record date of July 11, 2025.
Bank of America is described as a major financial institution, offering various services, including banking, investing, asset management, and risk management, to a diverse clientele. In the United States, it caters to roughly 69 million clients through various channels, such as 3,700 retail financial centers and about 15,000 ATMs. The company is also a leader in digital banking, with around 59 million verified users. Operating in more than 35 countries, its stock is listed on the New York Stock Exchange under the symbol BAC.
For investors seeking further information, contacts include Lee McEntire and Jonathan G. Blum. Reporters can contact Jocelyn Seidenfeld for inquiries.
The company provided a disclaimer that investing in securities involves potential risks, and it emphasized the importance of considering personal investment goals and financial situations before acting on information. The statement reminded readers that the materials provided are informational and not intended as investment advice.
Merrill Lynch, a Bank of America Corporation affiliate, offers certain investment products. Trust and fiduciary services are available through Bank of America, N.A., and insurance products are managed by Merrill Lynch Life Agency Inc.
Bank of America specifies that various financial offerings are not FDIC-insured or guaranteed by any governmental agency, and they can lose value. Further, some fees apply to specific banking services.
The announcement reinforces Bank of America's pledge to provide diverse financial solutions while acknowledging the inherent risks and specific requirements involved in investment activities.