Bank of America Declares Preferred Stock Dividends for Second Quarter 2024 PR Newswire
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    Bank of America Declares Preferred Stock Dividends for Second Quarter 2024
    4:15p ET April 8 '24 PR Newswire

    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:

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    Series of Preferred Stock     Dividend per Share    Record Date   Payment Date
                                  or Depositary Share1
    Floating Rate Non-Cumulative  $0.36991              April 30      May 15
    Preferred Stock, Series E
    Floating Rate Non-Cumulative  $1,531.00267          May 31        June 17
    Preferred Stock, Series F
    Adjustable Rate Non-          $1,531.00267          May 31        June 17
    Cumulative Preferred Stock,
    Series G
    Fixed-to-Floating Rate Non-   $22.81552             May 15        June 3
    Cumulative Preferred Stock,
    Series U
    Floating Rate Non-Cumulative  $0.39684              May 15        May 28
    Preferred Stock, Series 1
    Floating Rate Non-Cumulative  $0.39059              May 15        May 28
    Preferred Stock, Series 2
    Floating Rate Non-Cumulative  $0.39684              May 15        May 28
    Preferred Stock, Series 4
    Floating Rate Non-Cumulative  $0.37973              May 1         May 21
    Preferred Stock, Series 5
    6.000% Non-Cumulative         $0.3750000            May 1         May 16
    Preferred Stock, Series GG
    Fixed-to-Floating Rate Non-   $25.6250000           June 1        June 20
    Cumulative Preferred Stock,
    Series JJ
    5.375% Non-Cumulative         $0.3359375            June 1        June 25
    Preferred Stock, Series KK
    5.000% Non-Cumulative         $0.3125000            June 1        June 17
    Preferred Stock, Series LL
    4.250% Non-Cumulative         $0.2656250            May 1         May 17
    Preferred Stock, Series QQ
    4.750% Non-Cumulative         $0.2968750            May 1         May 17
    Preferred Stock, Series SS
    

    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 AmericaPhone: 1.980.388.6780lee.mcentire@bofa.com

    Jonathan Blum, Bank of America (Fixed Income)Phone: 1.212.449.3112jonathan.blum@bofa.com

    Reporters may contact:

    Bill Halldin, Bank of AmericaPhone: 1.916.724.0093william.halldin@bofa.com

    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.

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    SOURCE Bank of America Corporation

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    COMTEX_450544255/1005/2024-04-08T16:15:34

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