Bank of America 8-K

Summary

Quarterly dividend increase and ongoing share repurchases. Bank of America raised its common-stock dividend 14% to $0.32 per share, citing earnings strength and confidence in long-term growth. The board also declared a quarterly dividend on Series B preferred stock.

Key Figures

• Common dividend: $0.32 per share, up $0.04 (14%) from the prior quarter; payable 9/25/2026 to holders of record 9/4/2026.
• Share repurchases: $13.2B in H1 2026 under the $40B authorization effective since 8/1/2025; approximately $17B remained as of 6/30/2026. The company also paid $4B in dividends in H1.
• Series B preferred dividend: $1.75 per share on the 7% cumulative redeemable preferred stock; payable 10/23/2026 to holders of record 10/9/2026.

Investor Takeaways

• Watch the scheduled common and preferred dividend payments.
• Further repurchases depend on capital, liquidity, financial performance, market conditions, and regulatory requirements; the company may suspend or discontinue them.