Bank of America Declares Preferred Stock Dividends for First Quarter 2024

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Jan 18, 2024, 16:15 ET

CHARLOTTE, N.C., Jan. 18, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:

Series of Preferred Stock	Dividend per Share or Depositary Share¹	Record Date	Payment Date
Floating Rate Non-Cumulative Preferred Stock, Series E	$0.38278	January 31	February 15
Floating Rate Non-Cumulative Preferred Stock, Series F	$1,528.35511	February 29	March 15
Adjustable Rate Non-Cumulative Preferred Stock, Series G	$1,528.35511	February 29	March 15
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U	$22.17796	February 15	March 1
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X	$31.25	February 15	March 5
Floating Rate Non-Cumulative Preferred Stock, Series 1	$0.39989	February 15	February 28
Floating Rate Non-Cumulative Preferred Stock, Series 2	$0.40238	February 15	February 28
Floating Rate Non-Cumulative Preferred Stock, Series 4	$0.40877	February 15	February 28
Floating Rate Non-Cumulative Preferred Stock, Series 5	$0.39155	February 1	February 21
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series AA	$30.50	March 1	March 18
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series DD	$31.50	February 15	March 11
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF	$29.375	March 1	March 15
6.000% Non-Cumulative Preferred Stock, Series GG	$0.375	February 1	February 16
5.375% Non-Cumulative Preferred Stock, Series KK	$0.3359375	March 1	March 25
5.000% Non-Cumulative Preferred Stock, Series LL	$0.3125	March 1	March 18
4.250% Non-Cumulative Preferred Stock, Series QQ	$0.2656250	February 1	February 20
4.750% Non-Cumulative Preferred Stock, Series SS	$0.2968750	February 1		February 20

Bank of America

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 57 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for email news alerts.

www.bankofamerica.com

Investors May Contact:

Lee McEntire, Bank of America
Phone: 1.980.388.6780
[email protected]

Jonathan Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
[email protected]

Reporters May Contact:

Bill Halldin, Bank of America
Phone: 1.916.724.0093
[email protected]

Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794
[email protected]

Footnotes

¹Each series of preferred stock, other than Series F and Series G, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series X, Series AA, Series DD, and Series FF for which dividends are paid on a semi-annual basis.

SOURCE Bank of America Corporation