Bank of America Declares Preferred Stock Dividends for Second Quarter 2022
CHARLOTTE, N.C., April 8, 2022 /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 |
Record Date |
Payment Date |
|||
Floating Rate Non-Cumulative, Series E |
$0.24722 |
April 29 |
May 16 |
|||
Floating Rate Non-Cumulative, Series F |
$1,022.22222 |
May 31 |
June 15 |
|||
Adjustable Rate Non-Cumulative, Series G |
$1,022.22222 |
May 31 |
June 15 |
|||
Fixed-to-Floating Rate Non-Cumulative, Series U |
$26.00 |
May 15 |
June 1 |
|||
Floating Rate Non-Cumulative Preferred Stock, Series 1 |
$0.1875 |
May 15 |
May 31 |
|||
Floating Rate Non-Cumulative Preferred Stock, Series 2 |
$0.18542 |
May 15 |
May 31 |
|||
Floating Rate Non-Cumulative Preferred Stock, Series 4 |
$0.24722 |
May 15 |
May 31 |
|||
Floating Rate Non-Cumulative Preferred Stock, Series 5 |
$0.24722 |
May 1 |
May 23 |
|||
6.000% Non-Cumulative Preferred Stock, Series GG |
$0.375 |
May 1 |
May 16 |
|||
Fixed-to-Floating Rate Non-Cumulative, Series JJ |
$25.625 |
June 1 |
June 21 |
|||
5.375% Non-Cumulative Preferred Stock, Series KK |
$0.3359375 |
June 1 |
June 27 |
|||
5.000% Non-Cumulative Preferred Stock, Series LL |
$0.3125 |
June 1 |
June 17 |
|||
4.250% Non-Cumulative Preferred Stock, Series QQ |
$0.2656250 |
May 1 |
May 17 |
|||
4.750% Non-Cumulative Preferred Stock, Series SS |
$0.3529514 |
May 1 |
May 17 |
1 |
Each 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 U and Series JJ, for which dividends are paid on a semi-annual basis. |
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 67 million consumer and small business clients with approximately 4,200 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with more than 54 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 3 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 approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.
Investors May Contact:
Lee McEntire, Bank of America
Phone: 1.980.388.6780
[email protected]
Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
[email protected]
Reporters May Contact:
Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794
[email protected]
SOURCE Bank of America Corporation
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