Bank of America Declares Preferred Stock Dividends for First Quarter 2024

Published

CHARLOTTE, N.C., Jan. 18, 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: 

(PRNewsfoto/Bank of America Corporation)

Series of Preferred Stock

Dividend per Shareor Depositary Share1

Record Date

Payment Date

Floating Rate Non-Cumulative Preferred Stock, Series E

$0.38278

January 31

February 15

Floating Rate Non-Cumulative Preferred Stock, Series F

$1,528.35511

February 29

March 15

Adjustable Rate Non-Cumulative Preferred Stock, Series G

$1,528.35511

February 29

March 15

Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U

$22.17796

February 15

March 1

Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X

$31.25

February 15

March 5

Floating Rate Non-Cumulative Preferred Stock, Series 1

$0.39989

February 15

February 28

Floating Rate Non-Cumulative Preferred Stock, Series 2

$0.40238

February 15

February 28

Floating Rate Non-Cumulative Preferred Stock, Series 4

$0.40877

February 15

February 28

Floating Rate Non-Cumulative Preferred Stock, Series 5

$0.39155

February 1

February 21

Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series AA

$30.50

March 1

March 18

Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series DD

$31.50

February 15

March 11

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 18

4.250% Non-Cumulative Preferred Stock, Series QQ

$0.2656250

February 1

February 20

4.750% Non-Cumulative Preferred Stock, Series SS

$0.2968750

February 1

February 20

 

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 email news alerts.

www.bankofamerica.com

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

Christopher P. Feeney, Bank of AmericaPhone: 1.980.386.6794christopher.feeney@bofa.com

Footnotes

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.

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SOURCE Bank of America Corporation

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