Bank of America Declares Fourth-Quarter 2023 Stock Dividend

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Bank of America declares fourth-quarter 2023 stock dividend

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• Bank of America Corporation declares a regular quarterly cash dividend on Bank of America common stock of $0.24 per share.
• Bank of America Corporation declares a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B.

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• None.

CHARLOTTE, N.C., Oct. 18, 2023 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.24 per share, payable on December 29, 2023 to shareholders of record as of December 1, 2023.

The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on January 25, 2024 to shareholders of record as of January 10, 2024.

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 3,900 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.

www.bankofamerica.com

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

FAQ

What is the amount of the regular quarterly cash dividend on Bank of America common stock?

The regular quarterly cash dividend on Bank of America common stock is $0.24 per share.

What is the amount of the regular quarterly cash dividend on the 7% Cumulative Redeemable Preferred Stock, Series B?

The regular quarterly cash dividend on the 7% Cumulative Redeemable Preferred Stock, Series B is $1.75 per share.

When will the dividends be payable?

The dividend on Bank of America common stock will be payable on December 29, 2023, and the dividend on the 7% Cumulative Redeemable Preferred Stock, Series B will be payable on January 25, 2024.