Bank of America Declares First Quarter 2025 Stock Dividends

Rhea-AI Summary

Bank of America (BAC) has announced its Q1 2025 dividend declarations. The Board of Directors declared a regular quarterly cash dividend of $0.26 per share on common stock, payable March 28, 2025, to shareholders of record as of March 7, 2025. Additionally, a quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B, will be paid on April 25, 2025, to shareholders of record as of April 11, 2025.

The bank serves approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with roughly 58 million verified digital users. BAC operates across the United States and more than 35 countries, providing banking, investing, asset management, and risk management services.

Positive

• Maintained stable quarterly dividend of $0.26 per share
• Strong digital presence with 58 million verified users
• Extensive retail network with 3,700 financial centers and 15,000 ATMs
• Large customer base of 69 million consumer and small business clients

Negative

• None.

News Market Reaction – BAC

-0.06%

1 alert

-0.06% News Effect

On the day this news was published, BAC declined 0.06%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHARLOTTE, N.C., Jan. 29, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.26 per share, payable on March 28, 2025 to shareholders of record as of March 7, 2025.

The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on April 25, 2025 to shareholders of record as of April 11, 2025.

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 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 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).

Investors May Contact:

Lee McEntire, Bank of America
Phone:  1.980.388.6780
lee.mcentire@bofa.com  

Jonathan 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-first-quarter-2025-stock-dividends-302363407.html

SOURCE Bank of America Corporation

FAQ

What is Bank of America's (BAC) Q1 2025 dividend amount?

Bank of America's Q1 2025 common stock dividend is $0.26 per share.

When is the BAC Q1 2025 dividend payment date?

The Q1 2025 dividend will be paid on March 28, 2025, to shareholders of record as of March 7, 2025.

What is BAC's preferred stock Series B dividend for Q1 2025?

The Series B preferred stock dividend is $1.75 per share, payable on April 25, 2025.

How many retail financial centers does Bank of America (BAC) operate?

Bank of America operates 3,700 retail financial centers across the United States.

How many verified digital users does BAC have in 2025?

Bank of America has approximately 58 million verified digital banking users.