Bank of America Declares Second Quarter 2024 Preferred Stock Dividends

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Bank of America Corporation declares regular cash dividends on preferred stock for the second quarter of 2024. The dividends range from $0.2578125 to $32.500 per share or depositary share, with payment dates in April and May. Bank of America is a leading global financial institution with a wide range of banking and financial services, serving millions of clients worldwide.

CHARLOTTE, N.C., March 14, 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:

Series of Preferred Stock	Dividend per Share or Depositary Share1	Record Date	Payment Date
7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L	$18.125	April 1	April 30
Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series Z	$32.500	April 1	April 23
5.875% Non-Cumulative Preferred Stock, Series HH	$0.3671875	April 1	April 24
4.375% Non-Cumulative Preferred Stock, Series NN	$0.2734375	April 15	May 3
4.125% Non-Cumulative Preferred Stock, Series PP	$0.2578125	April 15	May 2
4.375% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series RR	$10.9375000	April 1	April 29
6.125% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series TT	$15.3125000	April 1	April 29

1	Each series of preferred stock, other than Series L, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series Z, 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 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.  Click here to 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 G. 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 dividends has Bank of America declared for the second quarter of 2024?

Bank of America has declared regular cash dividends on preferred stock for the second quarter of 2024. The dividends range from $0.2578125 to $32.500 per share or depositary share.

When are the payment dates for the dividends declared by Bank of America?

The payment dates for the dividends declared by Bank of America are in April and May.

How many retail financial centers does Bank of America have in the United States?

Bank of America serves approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers in the United States.

On which stock exchange is Bank of America Corporation listed?

Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol BAC.

What is the contact information for investors interested in Bank of America?

Investors may contact Lee McEntire at Bank of America at 1.980.388.6780 or email lee.mcentire@bofa.com.