Bank of America Declares Preferred Stock Dividends Payable in August and September 2025

Rhea-AI Summary

Bank of America (NYSE:BAC) has announced its Board of Directors' authorization of regular cash dividends for multiple series of preferred stock, with payments scheduled for August and September 2025. The dividend declarations span 14 different series of preferred stock, with rates ranging from floating to fixed-to-floating structures.

Notable dividend payments include $31.50 per share for Series DD and $29.375 for Series FF, both paid semi-annually, while other series maintain quarterly payment schedules. The company maintains a strong market presence with 69 million consumer and small business clients, 3,700 retail centers, and 59 million verified digital users.

Positive

• Consistent dividend payments across multiple preferred stock series demonstrate financial stability
• Strong market presence with 69 million consumer and small business clients
• Extensive network of 3,700 retail centers and 15,000 ATMs
• Robust digital banking platform with 59 million verified users

Negative

• None.

CHARLOTTE, N.C., July 18, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: 

Series of Preferred Stock		Dividend per Share or Depositary Share1		Record Date		Payment Date
Floating Rate Non-Cumulative Preferred Stock, Series E		$0.31548		July 31		August 15
Floating Rate Non-Cumulative Preferred Stock, Series F		$1,272.68711		August 29		September 15
Adjustable Rate Non-Cumulative Preferred Stock, Series G		$1,272.68711		August 29		September 15
Floating Rate Non-Cumulative Preferred Stock, Series 1		$0.33385		August 15		August 28
Floating Rate Non-Cumulative Preferred Stock, Series 2		$0.33488		August 15		August 28
Floating Rate Non-Cumulative Preferred Stock, Series 4		$0.34127		August 15		August 28
Floating Rate Non-Cumulative Preferred Stock, Series 5		$0.32475		August 1		August 21
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series DD		$31.50000		August 15		September 10
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF		$29.3750000		September 1		September 15
6.000% Non-Cumulative Preferred Stock, Series GG		$0.3750000		August 1		August 18
5.375% Non-Cumulative Preferred Stock, Series KK		$0.3359375		September 1		September 25
5.000% Non-Cumulative Preferred Stock, Series LL		$0.3125000		September 1		September 17
4.250% Non-Cumulative Preferred Stock, Series QQ		$0.2656250		August 1		August 18
4.750% Non-Cumulative Preferred Stock, Series SS		$0.2968750		August 1		August 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, other than Series DD and Series FF for which dividends are paid on a semi-annual basis.

Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-of-america-declares-preferred-stock-dividends-payable-in-august-and-september-2025-302508879.html

SOURCE Bank of America Corporation

FAQ

What preferred stock dividends did Bank of America (BAC) declare for August and September 2025?

BAC declared dividends for 14 different series of preferred stock, with payments scheduled in August and September 2025. Notable payments include $31.50 for Series DD and $29.375 for Series FF.

When will Bank of America's Series DD and FF preferred stock dividends be paid?

Series DD preferred stock dividend will be paid on September 10, 2025, while Series FF will be paid on September 15, 2025. Both series are paid semi-annually.

How many retail financial centers does Bank of America operate in 2025?

Bank of America operates approximately 3,700 retail financial centers and 15,000 ATMs across the United States.

What is Bank of America's current digital banking presence?

Bank of America has approximately 59 million verified digital users and serves about 69 million consumer and small business clients with award-winning digital banking services.

Which Bank of America preferred stock series offer floating rates in 2025?

BAC offers floating rate preferred stock in Series E, F, 1, 2, 4, and 5, along with fixed-to-floating rate options in Series DD and FF.