Bank of America Declares Preferred Stock Dividends Payable in January and February 2026

Rhea-AI Summary

Bank of America (NYSE: BAC) announced the Board authorized regular cash dividends on multiple series of preferred stock, with specific dividend amounts, record dates, and payment dates in January and February 2026.

• Series L: $18.125 per share — record Jan 1, payment Jan 30, 2026.
• Series HH: $0.3671875 per depositary share — record Jan 1, payment Jan 26, 2026.
• Series NN: $0.2734375 per depositary share — record Jan 15, payment Feb 3, 2026.
• Series OO: $16.5625 per depositary share — record Jan 15, payment Feb 2, 2026.
• Series PP: $0.2578125 per depositary share — record Jan 15, payment Feb 2, 2026.
• Series RR: $10.9375 per depositary share — record Jan 1, payment Jan 27, 2026.
• Series TT: $15.3125 per depositary share — record Jan 1, payment Jan 27, 2026.
• Series UU: $15.625 per depositary share — record Jan 1, payment Jan 26, 2026.

All series except Series L are issued as depositary shares.

Positive

• Declared cash dividends across 8 preferred series with set payment dates
• Series L dividend of $18.125 per share payable Jan 30, 2026
• Series OO dividend of $16.5625 per depositary share payable Feb 2, 2026
• Multiple high-dollar reset series (RR, TT, UU) scheduled for late Jan 2026 payments

Negative

• None.

CHARLOTTE, N.C., Dec. 16, 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
7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L		$18.1250000		January 1		January 30
5.875% Non-Cumulative Preferred Stock, Series HH		$0.3671875		January 1		January 26
4.375% Non-Cumulative Preferred Stock, Series NN		$0.2734375		January 15		February 3
6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series OO		$16.5625000		January 15		February 2
4.125% Non-Cumulative Preferred Stock, Series PP		$0.2578125		January 15		February 2
4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR		$10.9375000		January 1		January 27
6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT		$15.3125000		January 1		January 27
6.250% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series UU		$15.6250000		January 1		January 26

1 Each series of preferred stock, other than Series L, is represented by depositary shares.

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 nearly 70 million consumer and small business clients with approximately 3,600 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 (NYSE: BAC) is listed on the New York Stock Exchange.

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

What preferred dividends did Bank of America (BAC) declare for January 2026?

Bank of America declared dividends for several preferred series including Series L $18.125 (payable Jan 30) and other depositary series with record dates Jan 1 or Jan 15, 2026.

When will BAC pay the dividend for 5.875% Series HH preferred depositary shares?

The Series HH dividend of $0.3671875 per depositary share has a record date of Jan 1, 2026 and is payable on Jan 26, 2026.

Which BAC preferred series have payment dates in February 2026 and what are the amounts?

Series NN ($0.2734375) pays on Feb 3, 2026 and Series OO ($16.5625) pays on Feb 2, 2026.

Are BAC preferred shares represented by depositary shares and which series are exempt?

All listed series are represented by depositary shares except Series L, which is direct preferred stock.

What record dates should BAC preferred shareholders note for early Jan 2026 payments?

Record dates of Jan 1, 2026 apply to Series L, HH, RR, TT and UU for several late-January 2026 payments.