Bank of America Announces Quarterly Dividends for Shareholders

Author: Addison Perry Updated: 01-29-2025 04:41 PM

Bank of America Declares First Quarter 2025 Stock Dividends

Bank of America Corporation has officially announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock. The amount is set at $0.26 per share, which is payable on the specified date to shareholders of record. This ongoing commitment reflects the company’s ability to generate strong financial performance.

Details of the Dividend

For this quarter, the dividend will be distributed on a set date, ensuring that shareholders receive their earnings promptly. This cash dividend is part of Bank of America’s broader strategy to maintain its market position while rewarding its investors. The Board also declared a quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B.

Shareholder Benefits

The dividend payments serve to bolster investor confidence and indicate a robust company outlook, building loyalty and potentially attracting new investors. By consistently providing dividends, Bank of America demonstrates its resilience and commitment to its shareholders.

About Bank of America

Bank of America is recognized as one of the leading financial institutions globally. It serves a diverse clientele, including individual consumers, small businesses, and large corporations, offering a full range of banking, investing, and asset management services. This widespread reach enables the company to provide unprecedented convenience for approximately 69 million clients through its extensive network of retail financial centers and ATMs.

Furthermore, Bank of America excels in digital banking, with almost 58 million verified digital users utilizing its modern banking solutions. As a global leader in wealth management, corporate and investment banking, the institution continues to serve a broad spectrum of clients, including corporations and governments, across diverse asset classes.

Innovative Products and Services

Bank of America empowers around 4 million small business households with innovative, user-friendly online products and services. This focus on small businesses demonstrates the company's dedication to supporting economic growth and stability for entrepreneurs.

Communication Channels for Investors

For inquiries or further information, investors can reach out to Bank of America representatives directly. The company's dedicated team is always ready to assist clients and provide necessary insights about financial performance and future strategies.

Investors May Contact:

Lee McEntire
Phone: 1.980.388.6780

Jonathan Blum (Fixed Income)
Phone: 1.212.449.3112

Frequently Asked Questions

What is the recent dividend declared by Bank of America?

Bank of America has declared a quarterly cash dividend of $0.26 per share on its common stock.

When will the dividends be paid?

The dividends are scheduled to be payable on specific dates outlined in the announcement.

Who can benefit from these dividends?

Shareholders of Bank of America common and preferred stock will benefit from these announced dividends.

How does Bank of America support small businesses?

Bank of America supports small businesses through innovative and user-friendly online products and services.

Where can I learn more about Bank of America?

Further details about Bank of America and its offerings can be found on the company's official website or by contacting their investor relations.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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