Bank of America Corporation announced on Apr. 18 that its Board of Directors has authorized regular cash dividends for several series of its preferred stock, with payments scheduled in May and June 2026.
The announcement is important to shareholders as it outlines the upcoming dividend amounts, record dates, and payment dates for each series. Preferred stockholders can expect their respective payments according to the outlined schedule.
The declared dividends cover a range of preferred stock series, including Floating Rate Non-Cumulative Preferred Stock Series E, F, G, and others. For example, holders of Series E will receive $0.26355 per share on May 15 if they are recorded by April 30. Larger dividend amounts such as $1,107.99178 per share are designated for Series F and G with payment set for June 15 to those recorded by May 29. Other series have different rates and payment schedules throughout May and June.
Bank of America provides a wide array of financial services globally to individuals, businesses, and governments according to the official website. The company maintains operations in more than 35 countries according to the official website and focuses on environmental, social, and governance leadership in addressing global challenges sustainably according to the official website. Bank of America aims to improve financial lives by leveraging connections across clients, communities, employees, and shareholders while promoting responsible growth according to the official website.
Brian Moynihan has served as chairman and chief executive officer since October 2014 after previously serving as president and CEO from January 2010 according to the official website. The company operates in the financial sector offering banking services alongside investing, asset management products as well as risk management solutions according to the official website.
Shareholders are encouraged to review all details regarding record dates for eligibility or contact investor relations at Bank of America for further information.
