Bank of America Declares Significant Cash Dividends
Bank of America Corporation recently announced exciting news that is sure to benefit its shareholders. The Board of Directors has declared a quarterly cash dividend on Bank of America common stock set at $0.28 per share. This dividend is scheduled to be paid on March 27, 2026, to those shareholders who are listed on the records by March 6, 2026.
Preferred Stock Dividend Announcement
In addition to the common stock dividend, the Board also declared a regular cash dividend of $1.75 per share on its 7% Cumulative Redeemable Preferred Stock, Series B. This series will see its dividend payable on April 24, 2026, for shareholders recorded as of April 10, 2026.
Overview of Bank of America
Bank of America stands as one of the foremost financial institutions globally, catering to a variety of clients that includes individual customers, small businesses, middle-market enterprises, and large corporations. They offer a comprehensive range of banking, investment, asset management, and risk management services. The convenience offered to clients is remarkable, with nearly 70 million customers utilizing about 3,600 retail financial centers and approximately 15,000 ATMs across the nation. Additionally, their digital banking services are award-winning, boasting roughly 59 million verified digital users.
The Global Reach of Bank of America
The company prides itself on being a global powerhouse in wealth management, corporate and investment banking, and trading across a diverse array of asset classes. Serving corporations, governments, institutions, and individuals worldwide underscores Bank of America’s reach. They support around 4 million small business households, delivering innovative and user-friendly online products and services that enhance their clients' experience.
Connecting with Stakeholders
Bank of America Corporation stock is traded on the New York Stock Exchange under the ticker symbol NYSE: BAC. Their operations extend across the United States, its territories, and in over 35 countries, illustrating their large international footprint.
Contacting Investor Relations
For investor inquiries, individuals can contact Lee McEntire at Bank of America via phone at 1.980.388.6780. Alternatively, for fixed income queries, Jonathan G. Blum is also available at 1.212.449.3112.
Media Relations at Bank of America
Reporters seeking information can reach out to Jocelyn Seidenfeld, who is available at 1.646.743.3356. This proactive approach to communications reflects the company’s commitment to transparency and engagement with various stakeholders.
Frequently Asked Questions
What is the amount of the common stock dividend announced?
The common stock dividend is declared at $0.28 per share.
When will the dividends be paid out?
The common stock dividend payout is scheduled for March 27, 2026.
What is the ticker symbol for Bank of America?
The stock is traded under the ticker symbol NYSE: BAC on the New York Stock Exchange.
How many retail financial centers does Bank of America have?
Bank of America operates around 3,600 retail financial centers nationwide.
What services does Bank of America provide?
Bank of America offers a full range of banking, investing, asset management, and financial risk management services.
