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Preferred shareholders in Bank of America Corporation will collect regular cash dividends in August and September 2026, after the Charlotte, N.C.-based bank's board of directors authorized the payments on July 17.
The authorization spans outstanding shares and depositary shares across multiple series of preferred stock.
The word "regular" in the disclosure is doing real work: these are scheduled obligations met on schedule, not discretionary capital returns being pulled forward or pushed back.
What the board authorized The board cleared cash dividends on the outstanding shares and depositary shares of several preferred series. Two payment months are covered: August and September 2026.
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