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Bank of America Declares Preferred Stock Dividends
Dividends payable in May and June 2026
Apr. 17, 2026 at 10:04pm
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Bank of America's preferred stock dividend announcement reflects the company's financial stability and commitment to rewarding its shareholders.Charlotte TodayBank of America Corporation announced that its Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of several series of the company's preferred stock. The dividends will be payable in May and June 2026.
Why it matters
This announcement reflects Bank of America's continued financial strength and its commitment to returning capital to shareholders through preferred stock dividends. Preferred stock dividends are an important source of income for many investors, particularly those seeking stable returns.
The details
The dividends will be paid on the following preferred stock series: [1] The record date and payment date for each series were also provided in the announcement.
- The dividends will be payable in May and June 2026.
The players
Bank of America Corporation
A multinational investment bank and financial services company headquartered in Charlotte, North Carolina.
The takeaway
This dividend announcement demonstrates Bank of America's financial stability and commitment to rewarding its preferred shareholders, which is an important indicator of the company's overall health and performance.
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