Bank of America Declares Preferred Stock Dividends Payable in July and August 2026

Rhea-AI Summary

Bank of America (NYSE:BAC) declared regular cash dividends on several preferred stock series, payable in July and August 2026.

• Series L: $18.125, record July 1, pay July 30
• Series HH: $0.3671875, record July 1, pay July 24
• Series NN: $0.2734375, record July 15, pay August 3
• Series OO: $16.5625, record July 15, pay August 3
• Series PP: $0.2578125, record July 15, pay August 3
• Series RR: $10.9375, record July 1, pay July 27
• Series TT: $15.3125, record July 1, pay July 27
• Series UU: $15.625, record July 1, pay July 27

All series except L are represented by depositary shares.

Positive

• Multiple preferred series dividends declared for July–August 2026 with specified record and payment dates
• High per-share dividends on Series L, OO, RR, TT and UU preferred stock
• Consistent cash returns to holders of eight Bank of America preferred stock series

Negative

• None.

News Market Reaction – BAC

+1.56%

+1.56% Session close to close

In the Jun 12 session, BAC gained 1.56%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CHARLOTTE, N.C., June 11, 2026 /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		July 1		July 30
5.875% Non-Cumulative Preferred Stock, Series HH		$0.3671875		July 1		July 24
4.375% Non-Cumulative Preferred Stock, Series NN		$0.2734375		July 15		August 3
6.625% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series OO		$16.5625000		July 15		August 3
4.125% Non-Cumulative Preferred Stock, Series PP		$0.2578125		July 15		August 3
4.375% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series RR		$10.9375000		July 1		July 27
6.125% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series TT		$15.3125000		July 1		July 27
6.250% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series UU		$15.6250000		July 1		July 27

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 clients with approximately 3,500 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. As the #1 small business lender in the United States (FDIC), 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

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-of-america-declares-preferred-stock-dividends-payable-in-july-and-august-2026-302797499.html

SOURCE Bank of America Corporation

FAQ

What preferred stock dividends did Bank of America (BAC) declare for July and August 2026?

Bank of America declared regular cash dividends on eight preferred stock series, with payments in July and August 2026. According to Bank of America, these cover Series L, HH, NN, OO, PP, RR, TT and UU with set record and payment dates.

What is the dividend amount and payment date for Bank of America Series L preferred stock in 2026?

Bank of America set the Series L preferred dividend at $18.125 per share, payable July 30, 2026. According to Bank of America, the record date for this non-cumulative perpetual convertible preferred stock is July 1, 2026.

When will Bank of America (BAC) pay dividends on Series HH, RR, TT and UU preferred shares in 2026?

Dividends for Series HH, RR, TT and UU are payable in July 2026 on different dates. According to Bank of America, the payment dates are July 24 for HH and July 27 for RR, TT and UU, all with a July 1 record date.

What are the July 15, 2026 record date preferred dividends for Bank of America (BAC)?

Bank of America set a July 15, 2026 record date for Series NN, OO and PP preferred dividends. According to Bank of America, these dividends will be paid August 3, 2026, with per-share amounts of $0.2734375, $16.5625 and $0.2578125 respectively.

Are Bank of America preferred stock dividends paid on depositary shares or direct preferred shares?

Most of the listed preferred dividends are paid on depositary shares representing the preferred stock. According to Bank of America, each series except Series L is represented by depositary shares, while Series L is direct preferred stock.

Which Bank of America (BAC) preferred series offers the highest stated dividend per share in this announcement?

Among the listed series, the highest stated dividends per share are on Series L, OO, TT and UU. According to Bank of America, Series L pays $18.125, OO $16.5625, TT $15.3125 and UU $15.625 per preferred or depositary share.