Bank of America Declares Preferred Stock Dividends for Fourth Quarter 2022

CHARLOTTE, N.C., Oct. 13, 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: 

(PRNewsfoto/Bank of America Corporation)

Series of Preferred Stock Dividend per Share or Depositary Share1 Record Date Payment Date
Floating Rate Non-Cumulative Preferred Stock, Series E $0.25556 October 31 November 15
Floating Rate Non-Cumulative Preferred Stock, Series F $1,011.11111 November 30 December 15
Adjustable Rate Non-Cumulative Preferred Stock, Series G $1,011.11111 November 30 December 15
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U $26.00 November 15 December 1
Floating Rate Non-Cumulative Preferred Stock, Series 1 $0.2371 November 15 November 28
Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.23595 November 15 November 28
Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.25556 November 15 November 28
Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.25556 November 1 November 21
6.000% Non-Cumulative Preferred Stock, Series GG $0.375 November 1 November 16
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ $25.625 December 1 December 20
5.375% Non-Cumulative Preferred Stock, Series KK $0.3359375 December 1 December 27
5.000% Non-Cumulative Preferred Stock, Series LL $0.3125 December 1 December 19
4.250% Non-Cumulative Preferred Stock, Series QQ $0.2656250 November 1 November 17
4.750% Non-Cumulative Preferred Stock, Series SS $0.2968750 November 1 November 17

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.

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 4,000 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 55 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.

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.

Investors May Contact:
Lee McEntire, Bank of America
Phone:  1.980.388.6780
lee.mcentire@bofa.com

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

Reporters May Contact:
Bill Halldin, Bank of America
Phone: 1.916.724.0093
william.halldin@bofa.com

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

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SOURCE Bank of America Corporation

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