Bank declares dividends for second quarter of 2024

Bank declares dividends for second quarter of 2024

Bank of America Corporation recently announced the declaration of regular quarterly cash dividends on its common stock and Cumulative Redeemable Preferred Stock, Series B. The dividends are set to be payable to shareholders of record on specific dates.

For Bank of America common stock, the Board of Directors declared a cash dividend of [or_text model=”openai/gpt-3.5-turbo” prompt=”You are a news editor expand and Rewrite the following article, remove references to the source, make sure the generated article is well written, makes sense and is SEO enabled:

CHARLOTTE, N.C., April 25, 2024 /PRNewswire/ — Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.24 per share, payable on June 28, 2024 to shareholders of record as of June 7, 2024.

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 July 25, 2024 to shareholders of record as of July 11, 2024.

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 approximately 3,800 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 57 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).

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

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:

Bill Halldin, Bank of America

Phone: 1.916.724.0093

william.halldin@bofa.com

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SOURCE Bank of America Corporation

“].24 per share, scheduled to be paid on June 28, 2024, to shareholders of record as of June 7, 2024.

Additionally, a regular quarterly cash dividend of .75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B was announced. This dividend is expected to be paid on July 25, 2024, with a record date of July 11, 2024.

Bank of America is a leading global financial institution catering to a wide range of clients, including individual consumers, small and mid-sized businesses, and large corporations. The company offers various financial products and services such as banking, investing, and asset management. With approximately 69 million consumer and small business clients in the United States, Bank of America provides convenient access through its extensive network of financial centers and ATMs, along with digital banking options.

Furthermore, Bank of America excels in wealth management, corporate and investment banking, and trading services across different asset classes, serving clients worldwide. The company’s stock is listed on the New York Stock Exchange under the ticker symbol BAC.

For more updates and news from Bank of America, including dividend announcements, interested individuals can visit the Bank of America newsroom or sign up for news email alerts on the company’s website.

Investors seeking more information can contact Lee McEntire at Bank of America by phone at 1.980.388.6780 or via email at lee.mcentire@bofa.com. For inquiries related to fixed income, investors can reach out to Jonathan Blum at 1.212.449.3112 or jonathan.blum@bofa.com.

Reporters looking for media inquiries can contact Bill Halldin at Bank of America by phone at 1.916.724.0093 or via email at william.halldin@bofa.com.

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