Bank of America Declares Preferred Stock Dividends for Third Quarter 2023

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Bank of America announces regular cash dividends on preferred stock

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• Bank of America Corporation has declared regular cash dividends on its preferred stock. The dividends range from $0.2656250 to $1,292.66397 per share or depositary share. The record and payment dates vary by series, with the earliest payment date on August 16 and the latest on September 25.

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• None.

CHARLOTTE, N.C., July 14, 2023 /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 Preferred Stock, Series E		$0.36230		July 31		August 15
Floating Rate Non-Cumulative Preferred Stock, Series F		$1,292.66397		August 31		September 15
Adjustable Rate Non- Cumulative Preferred Stock, Series G		$1,292.66397		August 31		September 15
Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series U		$21.58		August 15		September 1
Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series X		$31.25		August 15		September 5
Floating Rate Non-Cumulative Preferred Stock, Series 1		$0.3883		August 15		August 29
Floating Rate Non-Cumulative Preferred Stock, Series 2		$0.39056		August 15		August 29
Floating Rate Non-Cumulative Preferred Stock, Series 4		$0.39695		August 15		August 29
Floating Rate Non-Cumulative Preferred Stock, Series 5		$0.37561		August 1		August 21
Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series AA		$30.50		September 1		September 18
Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series DD		$31.50		August 15		September 11
Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series FF		$29.375		September 1		September 15
6.000% Non-Cumulative Preferred Stock, Series GG		$0.375		August 1		August 16
5.375% Non-Cumulative Preferred Stock, Series KK		$0.3359375		September 1		September 25
5.000% Non-Cumulative Preferred Stock, Series LL		$0.3125		September 1		September 18
4.250% Non-Cumulative Preferred Stock, Series QQ		$0.2656250		August 1		August 17
4.750% Non-Cumulative Preferred Stock, Series SS		$0.2968750		August 1		August 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 X, Series AA, Series DD, and Series FF 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 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 15,000 ATMs and award-winning digital banking with approximately 56 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 more than 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.

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 announcement from Bank of America?

Bank of America has declared regular cash dividends on its preferred stock.

What is the range of dividends per share or depositary share?

The dividends range from $0.2656250 to $1,292.66397.

When are the record and payment dates for the dividends?

The record and payment dates vary by series, with the earliest payment date on August 16 and the latest on September 25.

Where can I find more Bank of America news?

You can visit the Bank of America newsroom and register for email news alerts on their website.