Bank of America Declares Preferred Stock Dividends for Second Quarter 2024

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Apr 08, 2024, 16:15 ET

CHARLOTTE, N.C., April 8, 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	$0.36991	April 30	May 15
Floating Rate Non-Cumulative Preferred Stock, Series F	$1,531.00267	May 31	June 17
Adjustable Rate Non- Cumulative Preferred Stock, Series G	$1,531.00267	May 31	June 17
Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series U	$22.81552	May 15	June 3
Floating Rate Non-Cumulative Preferred Stock, Series 1	$0.39684	May 15	May 28
Floating Rate Non-Cumulative Preferred Stock, Series 2	$0.39059	May 15	May 28
Floating Rate Non-Cumulative Preferred Stock, Series 4	$0.39684	May 15	May 28
Floating Rate Non-Cumulative Preferred Stock, Series 5	$0.37973	May 1	May 21
6.000% Non-Cumulative Preferred Stock, Series GG	$0.3750000	May 1	May 16
Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series JJ	$25.6250000	June 1	June 20
5.375% Non-Cumulative Preferred Stock, Series KK	$0.3359375	June 1	June 25
5.000% Non-Cumulative Preferred Stock, Series LL	$0.3125000	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	$0.2968750	May 1	May 17

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 news email alerts.

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]

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.

SOURCE Bank of America Corporation