---
schema_version: "secwatch.filing_event.v1"
accession: "0000070858-24-000194"
form_type: "8-K"
ticker: "BAC"
cik: "0000070858"
company_name: "BANK OF AMERICA CORP /DE/"
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T17:37:29.101759+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bank of America raises quarterly dividend 8% to $0.26, authorizes $25B buyback

## Summary
- Common dividend increased 8% to $0.26 per share; payable Sept 27, 2024 to holders of record Sept 6, 2024.
- Board authorized new $25B common stock repurchase program effective Aug 1, 2024.
- Prior buyback program had $6.7B remaining as of June 30, 2024; new program replaces it.
- Series B preferred dividend of $1.75 per share declared, payable Oct 25, 2024 to holders of record Oct 11, 2024.
- Repurchases subject to capital position, liquidity, market conditions, and may be suspended at any time.

## SEC filing metadata
- accession: 0000070858-24-000194
- form_type: 8-K
- ticker: BAC
- cik: 0000070858
- company_name: BANK OF AMERICA CORP /DE/
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70858/000007085824000194/0000070858-24-000194-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70858/000007085824000194/bac-20240724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070858-24-000194
- JSON: https://secwatch.observer/filing/0000070858-24-000194.json
- Plain text: https://secwatch.observer/filing/0000070858-24-000194.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.