Bank of America Corp has announced a dividend of $0.3618 for its non-cumulative perpetual preferred registered shares series -HH-.
Bank of America Corp Depositary Shares Representing Non-Cumulative Perpetual Preferred Stock Series -HH- (BAC.PR.K) has announced a quarterly dividend of $0.3618 per share, payable on October 24, 20XX. Shareholders of record on October 1 are eligible for this dividend, with the ex-dividend date being October 1 as well.
The forward yield of BAC.PR.K stands at 5.73%. A Dividend Scorecard, Yield Chart, and Dividend Growth information for BAC.PR.K can be found for those interested in further details.
At the Bank of America 30th Annual Financials CEO Conference 2025, Bank of America Corporation (BAC) presented its latest updates. The conference saw a consensus view that Bank of America is a defensive giant with limited upside. However, another perspective was that Bank of America is a great business that's due for a downgrade.
In other news, Bank of America is reported to have purchased €100M of real estate loans from Santander. No further details about this transaction were provided.
Meanwhile, the CEO of Bank of America expressed concern about the need for the Federal Reserve to be mindful of the 'inflation picture'. No new information about the dividend for BAC.PR.K was provided in this context.
For those seeking more information about the BAC.PR.K dividend, the dividend payable date, shareholders of record date, and ex-dividend date, detailed resources are available. However, the institution that declared the quarterly dividend proposal was not specified in the given information.
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