Bank of America Declares Preferred Stock Dividends for First Quarter 2022

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Jan 10, 2022, 16:15 ET

CHARLOTTE, N.C., Jan. 10, 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
Floating Rate Non- Cumulative, Series E	$0.25556	January 31	February 15
Floating Rate Non- Cumulative, Series F	$1,000.00000	February 28	March 15
Adjustable Rate Non- Cumulative, Series G	$1,000.00000	February 28	March 15
Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series X	$31.25	February 15	March 7
Floating Rate Non-Cumulative Preferred Stock, Series 1	$0.1875	February 15	February 28
Floating Rate Non-Cumulative Preferred Stock, Series 2	$0.19167	February 15	February 28
Floating Rate Non-Cumulative Preferred Stock, Series 4	$0.25556	February 15	February 28
Floating Rate Non-Cumulative Preferred Stock, Series 5	$0.25556	February 1	February 22
Cumulative Preferred Stock, Series AA	$30.50	March 1	March 17
Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series DD	$31.50	February 15	March 10
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 17
4.250% Non-Cumulative Preferred Stock, Series QQ	$0.3276042	February 1	February 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 66 million consumer and small business clients with approximately 4,200 retail financial centers, approximately 17,000 ATMs, and award-winning digital banking with approximately 41 million active users, including approximately 32 million mobile 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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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:

Jerry Dubrowski, Bank of America
Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile)
[email protected]

Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794
[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 X, Series AA, Series DD, and Series FF, for which dividends are paid on a semi-annual basis.

SOURCE Bank of America Corporation