#United States #dividends #Preferred Stock #Bank of America #Charlotte, NC

Bank of America Declares Upcoming Preferred Stock Dividends

On July 17, 2026, Bank of America Corporation, one of the leading financial institutions globally, made an significant announcement regarding its preferred stock dividends. The Board of Directors authorized regular cash dividends on various outstanding shares and depositary shares of preferred stock series. These dividends are critical for investors keeping track of their financial portfolios.

Dividend Breakdown

The announcement detailed the specific amounts and payment dates for several series of preferred stock:

• - Floating Rate Non-Cumulative Preferred Stock, Series E: $0.27234 per share, payable on August 17, with a record date of July 31.
• - Floating Rate Non-Cumulative Preferred Stock, Series F: $1,105.52311, payable on September 15, with a record date of August 31.
• - Adjustable Rate Non-Cumulative Preferred Stock, Series G: $1,105.52311, also payable on September 15, recorded on August 31.
• - Floating Rate Non-Cumulative Preferred Stock, Series 1: $0.29213 payable on August 28 with a record date of August 15.
• - Floating Rate Non-Cumulative Preferred Stock, Series 2: $0.29223, similarly scheduled for payment on August 28.
• - Floating Rate Non-Cumulative Preferred Stock, Series 4: $0.29862, again payable on August 28.
• - Floating Rate Non-Cumulative Preferred Stock, Series 5: $0.28128, scheduled for payment on August 21, with a record date of August 1.
• - Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF: $29.375, with payments on September 15, and a record date of September 1.
• - Additional preferred stock series (GG, KK, LL, QQ, SS) each have unique dividends scheduled for payment in August and September.

Implications for Investors

This series of cash dividends signifies Bank of America's ongoing commitment to provide value to its shareholders by distributing profits derived from its diverse banking operations. As the #1 small business lender in the United States, Bank of America maintains a robust presence, catering to nearly 70 million clients throughout the country. With approximately 3,500 financial centers and around 15,000 ATMs, the bank continues to evolve, integrating award-winning digital banking services for nearly 60 million verified users.

For investors, these dividends represent a vital opportunity to profit from their investments in preferred stocks. Bank of America's stocks are traded on the New York Stock Exchange under the ticker symbol BAC, and continuing to follow such dividend announcements can aid in making informed investment decisions. The expected payments form part of the broader financial strategies the company undertakes as a global leader in asset management and investment banking.

Conclusion

As Bank of America continues to demonstrate its financial strength through regular dividend payments, investors are encouraged to stay informed about future announcements. These dividends not only reflect the bank's profitability but also ensure a consistent return on investment for its shareholders during upcoming fiscal periods.