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Bank of America Declares Preferred Stock Dividends for Fourth Quarter 2022

Published: 2022-10-13 20:15:00 ET
<<<  go to BAC company page

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 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

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SOURCE Bank of America Corporation