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Bank of America Declares Preferred Stock Dividends for First Quarter 2025
BACBank of America(BAC) Prnewswire·2024-12-16 21:15

Group 1 - Bank of America Corporation has authorized regular cash dividends on various series of preferred stock, with specific amounts and payment dates outlined [1] - The 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L will have a dividend of 18.125pershare,payableonJanuary30[1]Otherseriesinclude5.87518.125 per share, payable on January 30 [1] - Other series include 5.875% Non-Cumulative Preferred Stock, Series HH with a dividend of 0.3671875, and Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM with a dividend of $21.50, among others [1] Group 2 - Bank of America is a leading financial institution, serving approximately 69 million clients with a wide range of banking and financial services [2] - The company operates around 3,700 retail financial centers and approximately 15,000 ATMs, with about 58 million verified digital users [2] - Bank of America is recognized as a global leader in wealth management, corporate and investment banking, serving clients across the United States and more than 35 countries [2]