Bank of America Declares October–November 2026 Preferred Stock Dividends

Bank of America’s Board of Directors has today declared regular cash dividends on several series of preferred stock, scheduled for October and November 2026. This dividend declaration was publicly announced on September 18, 2026, and outlines precise record and payment dates for each affected series.

Details of October and November Preferred Dividends

The company authorized dividends on the following series of preferred stock, each with specified record and payment dates:

• Series L (7.25% Non‑Cumulative Perpetual Convertible Preferred): $18.125 per share, record date October 1, payment October 30
• Series HH (5.875% Non‑Cumulative Preferred): $0.3671875 per depositary share, record date October 1, payment October 26
• Series NN (4.375% Non‑Cumulative Preferred): $0.2734375, record date October 15, payment November 3
• Series OO (6.625% Fixed‑Rate Reset Non‑Cumulative Preferred): $16.5625, record date October 15, payment November 2
• Series PP (4.125% Non‑Cumulative Preferred): $0.2578125, record date October 15, payment November 2
• Series RR (4.375% Fixed‑Rate Reset Non‑Cumulative Preferred): $10.9375, record date October 1, payment October 27
• Series TT (6.125% Fixed‑Rate Reset Non‑Cumulative Preferred): $15.3125, record date October 1, payment October 27
• Series UU (6.25% Fixed‑Rate Reset Non‑Cumulative Preferred): $15.625, record date October 1, payment October 26

This information was confirmed through the company’s official press release dated September 18, 2026. The announcement provides a comprehensive schedule for shareholders receiving dividends on these preferred series.

Context and Investing Implications

These dividend declarations are routine for Bank of America and align with its policy of returning income to holders of preferred equity. They do not impact the dividend schedule for common stock, which was previously raised to $0.32 per share earlier in the year and remains unchanged for this period.

Investors in preferred shares—especially those focused on income generation—should review the specific series they hold to confirm their eligibility dates. Investors in common stock should note that this update does not affect common dividend timing or amount.

The declaration underscores Bank of America’s consistent approach to capital distribution across its preferred stock offerings, ensuring transparent communication on upcoming payment dates.