Bank of America Corporation has announced that its Board of Directors declared a regular quarterly cash dividend on common stock. The dividend is set at $0.26 per share and will be payable on December 27, 2024, to shareholders recorded by December 6, 2024.
Additionally, the Board declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. This dividend will be payable on January 24, 2025, for shareholders recorded by January 10, 2025.
Bank of America serves a diverse clientele including individual consumers, small and middle-market businesses, and large corporations with various banking services. It operates around 3,700 retail financial centers and approximately 15,000 ATMs in the United States. Its digital banking platform boasts about 58 million verified users.
Globally recognized in wealth management and corporate investment banking across different asset classes, Bank of America provides support to around four million small business households through its online products and services. The corporation conducts operations within the U.S., its territories, and over 35 countries worldwide. Bank of America's stock is listed on the New York Stock Exchange under the symbol BAC.
For more information regarding investments or media inquiries:
Investors may contact Lee McEntire at Bank of America via phone at 1.980.388.6780 or email lee.mcentire@bofa.com; Jonathan G. Blum (Fixed Income) can be reached at phone number: 1.212.449.3112 or email jonathan.blum@bofa.com.
Reporters may reach out to Jocelyn Seidenfeld at phone number: 1.646.743.3356 or email jocelyn.seidenfeld@bofa.com.