Bank of America Declares Second Quarter 2022 Preferred Stock Dividends

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Mar 15, 2022, 16:15 ET

CHARLOTTE, N.C., March 15, 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 or Depositary Share¹	Record Date	Payment Date

7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L	$18.125	April 1	May 2
Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series Z	$32.500	April 1	April 25
5.875% Non-Cumulative Preferred Stock, Series HH	$0.3671875	April 1	April 25
4.375% Non-Cumulative Preferred Stock, Series NN	$0.2734375	April 15	May 3
4.125% Non-Cumulative Preferred Stock, Series PP	$0.2578125	April 15	May 2

4.375% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series RR	$11.1805556	April 1	April 27


¹	Each series of preferred stock, other than Series L, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series Z, for which dividends are paid on a semi-annual basis.

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 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.

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www.bankofamerica.com

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