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06.04.2023 22:15:00
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Bank of America Declares Preferred Stock Dividends for Second Quarter 2023
CHARLOTTE, N.C., April 6, 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 | Record Date | Payment Date | ||||||
Floating Rate Non-Cumulative | $0.32223 | April 28 | May 15 | ||||||
Floating Rate Non-Cumulative | $1,345.82967 | May 31 | June 15 | ||||||
Adjustable Rate Non- | $1,345.82967 | May 31 | June 15 | ||||||
Fixed-to-Floating Rate Non- | $26.00 | May 15 | June 1 | ||||||
Floating Rate Non-Cumulative | $0.3565 | May 15 | May 30 | ||||||
Floating Rate Non-Cumulative | $0.34632 | May 15 | May 30 | ||||||
Floating Rate Non-Cumulative | $0.35250 | May 15 | May 30 | ||||||
Floating Rate Non-Cumulative | $0.33470 | May 1 | May 22 | ||||||
6.000% Non-Cumulative | $0.375 | May 1 | May 16 | ||||||
Fixed-to-Floating Rate Non- | $25.625 | June 1 | June 20 | ||||||
5.375% Non-Cumulative | $0.3359375 | June 1 | June 26 | ||||||
5.000% Non-Cumulative | $0.3125 | June 1 | June 20 | ||||||
4.250% Non-Cumulative | $0.2656250 | May 1 | May 17 | ||||||
4.750% Non-Cumulative | $0.2968750 | May 1 | May 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 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 3,900 retail financial centers, approximately 16,000 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 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
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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