Sunday, December 22, 2024
Brian Moynihan CEO of Bank of America | Bank of America

Bank of America announces Q1 preferred stock dividends for early 2025

Bank of America Corporation has announced that its Board of Directors has approved regular cash dividends for the first quarter of 2025 on several series of preferred stock. The dividends are set to be distributed on specified dates in January and February.

The dividend details for each series are as follows:

- For the 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L, a dividend of $18.125 per share will be paid on January 30, with a record date of January 1.

- The 5.875% Non-Cumulative Preferred Stock, Series HH, will have a dividend of $0.3671875 per share, payable on January 24, also with a record date of January 1.

- A dividend of $21.50 per share is scheduled for the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM, to be paid on January 28 with the same record date.

- For the 4.375% Non-Cumulative Preferred Stock, Series NN, shareholders can expect a payment of $0.2734375 per share on February 3; the record date is January 15.

- The dividend for the 4.125% Non-Cumulative Preferred Stock, Series PP is set at $0.2578125 per share and will also be paid on February 3 with a record date of January 15.

- The company declared a $10.9375000 per share dividend for the 4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR; this will be disbursed on January 27 following a record date of January 1.

- Lastly, holders of the 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT will receive $15.3125000 per share on January 27 with an identical record date.

Bank of America serves millions across various financial sectors globally and maintains significant operations in over thirty-five countries.

For further information regarding these announcements or other investor inquiries:

Investors may contact Lee McEntire at Bank of America by phone at +1 (980)388-6780 or via email at lee.mcentire@bofa.com; Jonathan G. Blum (Fixed Income) can be reached at +1 (212)449-3112 or jonathan.blum@bofa.com.

Reporters seeking additional details can reach out to Jocelyn Seidenfeld at +1 (646)743-3356 or jocelyn.seidenfeld@bofa.com.

500 - Internal Server Error

Looks like something went wrong!

Error 500: We apologize, an error has ocurred.
Please try again or return to the homepage.

Return to Homepage