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Bank of America Declares First Quarter 2025 Cash Dividends

Bank of America Corporation has revealed its decision regarding cash dividends for the first quarter of 2025, ensuring continued returns for its shareholders. On January 29, 2025, the Board of Directors declared a regular quarterly cash dividend of $0.26 per share on its common stock. This amount will be payable on March 28, 2025, to those shareholders who are on record as of March 7, 2025.

In addition to the common stock dividend, the bank also announced a quarterly cash dividend of $1.75 per share on its 7% Cumulative Redeemable Preferred Stock, Series B. This dividend is scheduled for distribution on April 25, 2025, to shareholders on record as of April 11, 2025.

This announcement underlines Bank of America's strong performance and commitment to delivering consistent dividends to its investors. Providing returns to shareholders is a key aspect of the bank's strategy, showcasing its stability and profitability even amidst the diverse conditions of the financial sector.

About Bank of America

Bank of America stands as one of the foremost financial entities worldwide, catering to a broad array of clients including individual consumers, small and medium-sized businesses, as well as large corporations. The company offers a comprehensive suite of banking, investing, asset management, and risk management products and services.

With an impressive reach, Bank of America serves approximately 69 million clients across the United States via its 3,700 retail financial centers and about 15,000 ATMs. Additionally, its award-winning digital banking platform attracts around 58 million verified users, marking it as a leading player in the digital banking arena.

Furthermore, Bank of America excels in wealth management, corporate and investment banking, as well as trading across a vast range of asset classes, addressing the needs of corporations, governments, and individuals worldwide. The bank continues to innovate, providing tailored solutions to about 4 million small business households, enhancing their banking experience through user-friendly online products and services.

Operating not only in the U.S. but also in over 35 countries, Bank of America is strategically positioned to meet the diverse financial needs of its global clientele. As a public company, its stock is traded on the New York Stock Exchange under the ticker symbol BAC.

Engaging with Investors and Media

For investors interested in further details or clarifications, Bank of America encourages direct contact with its representatives. Investors can reach out to Lee McEntire or Jonathan Blum at the bank’s investor relations. For media inquiries, reporters can connect with Jocelyn Seidenfeld for any feature opportunities or news coverage. This transparent approach underscores the bank's dedication to maintaining strong communication with stakeholders.

As Bank of America continues to declare dividends and enhance its service offerings, it remains a critical player in the financial services sector, setting benchmarks for performance and shareholder returns. The latest dividend announcements reflect the bank's ongoing commitment to providing value through reliable cash distributions, positioning it favorably among investors in the financial market.