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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
Press ReleasePress ReleaseBAC

Bank of America Declares Preferred Stock Dividends for August and September 2026

📣 The Announcement

Bank of America announced its board approved cash payments for specific preferred stock shares. This applies to two months ahead: August and September 2026. 👉 The company is paying out regular cash dividends on outstanding shares.

🏢 Company Context

In simple terms, Bank of America is one of the world's leading financial institutions. They serve nearly 70 million clients with about 3,500 retail centers and 15,000 ATMs. 👉 They are also a global leader in wealth management and investment banking.

💥 Why It Matters

Preferred stock is like a hybrid between a bond and a stock. It pays a set return before common stockholders get anything. 👉 This news tells investors when they will get paid.

🔍 The Details

There are many different series like Series E, F, G, and others. Some pay around $0.27, while others pay over $29. Payment dates range from August 1 to September 25. 👉 Record dates determine who gets paid, not just the payment date.

📞 Contacts

Investors can contact Lee McEntire at 1.980.388.6780 or [email protected]. Jonathan G. Blum handles fixed income at 1.212.449.3112 or [email protected]. Reporters can reach Jocelyn Seidenfeld at 1.646.743.3356 or [email protected].

🔮 What's Next

Payments happen on specific dates like August 17 or September 15. Investors need to check the record dates to ensure they own the stock. 👉 High-value shares like Series F and G pay out in mid-September.

🧠 The Analogy

Think of preferred stock like a renter in an apartment building. They get their fixed rent (dividend) before the owner (common stock) gets any profit.

🧩 Final Takeaway

Bank of America is paying specific preferred shareholders in August and September. Investors should check their record dates to ensure they receive the cash.

CHARLOTTE, N.C., July 17, 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

Floating Rate Non-Cumulative Preferred Stock, Series E

$0.27234

July 31

August 17

Floating Rate Non-Cumulative Preferred Stock, Series F

$1,105.52311

August 31

September 15

Adjustable Rate Non-Cumulative Preferred Stock, Series G

$1,105.52311

August 31

September 15

Floating Rate Non-Cumulative Preferred Stock, Series 1

$0.29213

August 15

August 28

Floating Rate Non-Cumulative Preferred Stock, Series 2

$0.29223

August 15

August 28

Floating Rate Non-Cumulative Preferred Stock, Series 4

$0.29862

August 15

August 28

Floating Rate Non-Cumulative Preferred Stock, Series 5

$0.28128

August 1

August 21

Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF

$29.37500

September 1

September 15

6.000% Non-Cumulative Preferred Stock, Series GG

$0.3750000

August 1

August 17

5.375% Non-Cumulative Preferred Stock, Series KK

$0.3359375

September 1

September 25

5.000% Non-Cumulative Preferred Stock, Series LL

$0.3125000

September 1

September 17

4.250% Non-Cumulative Preferred Stock, Series QQ

$0.2656250

August 1

August 17

4.750% Non-Cumulative Preferred Stock, Series SS

$0.2968750

August 1

August 17

1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares.

Bank of AmericaBank 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 60 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 and/or jurisdictions. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Investors May Contact:

Lee McEntire, Bank of AmericaPhone: 1.980.388.6780[email protected]

Jonathan G. Blum, Bank of America (Fixed Income)Phone: 1.212.449.3112[email protected]

Reporters May Contact:

Jocelyn Seidenfeld, Bank of AmericaPhone: 1.646.743.3356[email protected]

SOURCE Bank of America Corporation

View original source on PR Newswire

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Methodology & DisclaimerPress releases are reproduced verbatim from issuing companies and major newswires. They are not edited or fact-checked by the Cayman Journal newsroom. Tickers and entity mentions are auto-extracted and verified against SEC issuer lists; mentions that cannot be verified are not linked. For the authoritative source, follow the original-source link above.