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Bank of America Announces Cash Dividends for Q2 2026

On April 23, 2026, Bank of America Corporation revealed that its Board of Directors has approved regular quarterly cash dividends for both its common stock and Series B preferred stock. This decision reflects the bank's commitment to returning value to its shareholders, a cornerstone of its financial strategy.

Details of the Dividends

The declared cash dividend on Bank of America's common stock stands at $0.28 per share. This amount is scheduled to be paid on June 26, 2026, for shareholders who are on record as of June 5, 2026. Furthermore, the bank declared a quarterly cash dividend of $1.75 per share on its 7% Cumulative Redeemable Preferred Stock, Series B, with payment set for July 24, 2026. Shareholders must be on record by July 10, 2026, to receive this distribution.

Significance of the Dividend Announcements

Dividends serve as a crucial indicator of a company’s financial health and its commitment to shareholders. Bank of America, with a robust operating model, consistently prioritizes shareholder returns through dividend issuance. The decision to distribute dividends, especially in an unpredictable economic landscape, underscores the bank's stable cash flow and strategic operational management.

About Bank of America

Founded in 1904, Bank of America stands as a pillar in the global financial services industry. The institution offers an extensive range of products and services, catering to individual consumers, small and medium-sized businesses, as well as large corporations. With a client base nearing 70 million, Bank of America operates approximately 3,500 retail financial centers and about 15,000 ATMs, demonstrating unmatched accessibility in the United States. The bank is also recognized for its exceptional digital banking services, with about 59 million verified digital users leveraging its innovative online products.

Moreover, Bank of America has established itself as a global leader in wealth management, corporate and investment banking, and trading, serving a diverse client demographic around the world. This multifaceted approach not only positions the bank favorably within the market but also enhances its dedication to supporting around 4 million small business households with tailored financial solutions.

Conclusion

As Bank of America prepares for these upcoming dividend payments, the financial community will be keenly observing how these dividends impact the bank’s stock performance and investor sentiment. As always, maintaining dividends signals a strong underlying financial condition and the ability to generate sustainable profits. For investors and market analysts alike, this is a signal of the bank's ongoing commitment to enhancing shareholder value even amidst pressing market conditions.

For more detailed inquiries regarding investment and financial services, interested parties can contact Bank of America's investor relations team.

• - Contact Information:

Lee McEntire, Bank of America, Phone: 1-980-388-6780, Email: [email protected]
Jonathan G. Blum, Bank of America (Fixed Income), Phone: 1-212-449-3112, Email: [email protected]
Jocelyn Seidenfeld, Bank of America, Phone: 1-646-743-3356, Email: [email protected]