Bank of America Declares Preferred Stock Dividends for Fourth Quarter 2024
Bank of America (NYSE: BAC) has announced its Board of Directors' authorization of regular cash dividends on outstanding shares or depositary shares of various series of preferred stock for the fourth quarter of 2024. The dividends cover multiple series, including Floating Rate Non-Cumulative Preferred Stock and Fixed Rate Non-Cumulative Preferred Stock, with payment dates ranging from November 15 to December 26, 2024.
The dividend amounts vary by series, with rates between 4.250% and 6.000% for fixed-rate preferred stocks. Record dates for dividend eligibility span from October 31 to December 1, 2024. This announcement demonstrates Bank of America's commitment to providing returns to its preferred stockholders across its diverse range of preferred stock offerings.
Bank of America (NYSE: BAC) ha annunciato l'autorizzazione del suo Consiglio di Amministrazione per dividendi in contante regolari sulle azioni in circolazione o sulle azioni depositarie di varie serie di azioni privilegiate per il quarto trimestre del 2024. I dividendi coprono più serie, comprese le azioni privilegiate non cumulative a tasso variabile e a tasso fisso, con date di pagamento che vanno dal 15 novembre al 26 dicembre 2024.
Gli importi dei dividendi variano a seconda della serie, con tassi compresi tra 4,250% e 6,000% per le azioni privilegiate a tasso fisso. Le date di registrazione per la possibilità di ricevere i dividendi vanno dal 31 ottobre al 1 dicembre 2024. Questo annuncio dimostra l'impegno di Bank of America a fornire rendimenti ai suoi azionisti privilegiati attraverso la sua vasta gamma di offerte di azioni privilegiate.
Bank of America (NYSE: BAC) ha anunciado la autorización de su Junta Directiva para dividendos en efectivo regulares sobre las acciones en circulación o las acciones depositarias de varias series de acciones preferentes para el cuarto trimestre de 2024. Los dividendos cubren múltiples series, incluidas las acciones preferentes no acumulativas a tasa variable y a tasa fija, con fechas de pago que van del 15 de noviembre al 26 de diciembre de 2024.
Los montos de los dividendos varían según la serie, con tasas entre 4.250% y 6.000% para las acciones preferentes a tasa fija. Las fechas de registro para la elegibilidad de los dividendos abarcan del 31 de octubre al 1 de diciembre de 2024. Este anuncio demuestra el compromiso de Bank of America de proporcionar rendimientos a sus accionistas preferentes a través de su diversa gama de ofertas de acciones preferentes.
은행 오브 아메리카(Bank of America)(NYSE: BAC)는 2024년 4분기 보통주 및 여러 시리즈의 우선주에 대한 정기 현금 배당금 승인 소식을 전했습니다. 배당금은 변동금리 비누적 우선주(Floating Rate Non-Cumulative Preferred Stock) 및 고정금리 비누적 우선주(Fixed Rate Non-Cumulative Preferred Stock)를 포함한 여러 시리즈를 커버하며, 지급일은 2024년 11월 15일부터 12월 26일까지의 기간입니다.
배당금 금액은 시리즈에 따라 다르며, 고정금리 우선주의 경우 4.250%에서 6.000%까지의 금리 범위를 가집니다. 배당금 지급 자격을 위한 기록일자는 2024년 10월 31일부터 12월 1일까지입니다. 이번 발표는 은행 오브 아메리카가 다양한 우선주 제공을 통해 우선주 주주에게 수익을 제공하려는 노력의 일환입니다.
Bank of America (NYSE: BAC) a annoncé l'autorisation par son Conseil d'Administration de dividendes en espèces réguliers sur les actions ordinaires ou les actions de dépôt de diverses séries d'actions privilégiées pour le quatrième trimestre de 2024. Les dividendes couvrent plusieurs séries, y compris les actions privilégiées à taux variable non cumulatives et les actions privilégiées à taux fixe non cumulatives, avec des dates de paiement allant du 15 novembre au 26 décembre 2024.
Les montants des dividendes varient selon les séries, avec des taux compris entre 4,250% et 6,000% pour les actions privilégiées à taux fixe. Les dates d'enregistrement pour l'éligibilité aux dividendes vont du 31 octobre au 1er décembre 2024. Cette annonce démontre l'engagement de Bank of America à fournir des rendements à ses actionnaires privilégiés à travers sa large gamme d'offres d'actions privilégiées.
Die Bank of America (NYSE: BAC) hat die Genehmigung ihres Vorstands für regelmäßige Barausschüttungen auf ausstehende Aktien oder Depositary Shares verschiedener Serien von Vorzugsaktien für das vierte Quartal 2024 bekannt gegeben. Die Dividenden decken mehrere Serien ab, einschließlich der nicht kumulierten Vorzugsaktien mit variablem Zinssatz und den nicht kumulierten Vorzugsaktien mit festem Zinssatz, mit Zahlungsterminen, die vom 15. November bis zum 26. Dezember 2024 reichen.
Die Dividendenbeträge variieren je nach Serie und bewegen sich zwischen 4,250% und 6,000% für Vorzugsaktien mit festem Zinssatz. Die Stichtage für die Dividendenberechtigung reichen vom 31. Oktober bis zum 1. Dezember 2024. Diese Ankündigung zeigt das Engagement der Bank of America, ihren Vorzugsaktionären bei einer Vielzahl von Vorzugsaktienangeboten Renditen zu bieten.
- Regular dividend payments indicate financial stability
- Diverse range of preferred stock offerings catering to different investor preferences
- Consistent dividend schedule maintained for Q4 2024
- None.
Insights
Bank of America's declaration of preferred stock dividends for Q4 2024 is a routine financial event that demonstrates the company's continued commitment to returning value to shareholders. The announcement covers various series of preferred stock with different dividend rates and payment schedules.
Key points to note:
- The dividends span multiple series of preferred stock, including floating rate, adjustable rate and fixed-rate non-cumulative preferred stocks.
- Dividend rates range from
4.25% to6.00% for the fixed-rate series. - Payment dates are spread throughout November and December 2024, with record dates typically set about two weeks prior.
While this news is important for preferred stockholders, it's unlikely to have a significant impact on common shareholders or the overall stock price. The consistency in dividend payments suggests financial stability, but doesn't provide new insights into the company's performance or strategy. For long-term investors, this regular dividend declaration reinforces BAC's reliability in maintaining its preferred stock obligations.
Series of Preferred Stock | Dividend per Share | Record Date | Payment Date | |||
Floating Rate Non-Cumulative | October 31 | November 15 | ||||
Floating Rate Non-Cumulative | November 29 | December 16 | ||||
Adjustable Rate Non-Cumulative | November 29 | December 16 | ||||
Floating Rate Non-Cumulative | November 15 | November 29 | ||||
Floating Rate Non-Cumulative | November 15 | November 29 | ||||
Floating Rate Non-Cumulative | November 15 | November 29 | ||||
Floating Rate Non-Cumulative | November 1 | November 21 | ||||
| November 1 | November 18 | ||||
| December 1 | December 26 | ||||
| December 1 | December 17 | ||||
| November 1 | November 18 | ||||
| November 1 | November 18 |
1 | Each series of preferred stock, other than Series F and Series G, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock. |
Bank of America
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Investors May Contact:
Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com
Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com
Reporters May Contact:
Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com
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SOURCE Bank of America Corporation
FAQ
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