Bank of America Declares Preferred Stock Dividends for First Quarter 2025

Bank of America Corporation, one of the world's leading financial institutions, has announced the declaration of preferred stock dividends for the first quarter of 2025. The Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of various series of preferred stock. The dividend schedule includes seven different series with varying rates and payment dates, catering to a wide range of investors.

Key dividend rates include 7.25% for Series L ($18.125 per share), 5.875% for Series HH ($0.3671875), 4.375% for Series NN ($0.2734375), and 6.125% for Series TT ($15.3125000). These dividends are paid on a quarterly basis, with the exception of Series AA, Series DD, and Series FF, which are paid on a semi-annual basis.



The declaration of these dividends is a testament to Bank of America's strong capital position and commitment to shareholder returns. The variety of series with different rates and payment structures allows the bank to cater to a broader range of investors, potentially increasing demand for its stock and driving up its price. Additionally, the regular and predictable nature of these dividends can instill confidence in investors, as it demonstrates the bank's ability to meet its financial obligations.

In conclusion, Bank of America's declaration of preferred stock dividends for the first quarter of 2025 is a positive development for the bank and its shareholders. The diverse range of series and strong capital position indicate a commitment to meeting the needs of various investors and maintaining a stable capital structure. As the bank continues to navigate the ever-changing financial landscape, investors can be confident in its ability to deliver consistent returns and meet its obligations.