Bank of America Declares Preferred Stock Dividends for First Quarter 2022

CHARLOTTE, N.C., Jan. 10, 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: 

Series of Preferred Stock

Dividend per Share
or Depositary Share1

Record Date

Payment Date

Floating Rate Non-
Cumulative, Series E

$0.25556

January 31

February 15

Floating Rate Non-
Cumulative, Series F

$1,000.00000

February 28

March 15

Adjustable Rate Non-
Cumulative, Series G

$1,000.00000

February 28

March 15

Fixed-to-Floating Rate Non-
Cumulative Preferred Stock,
Series X

$31.25

February 15

March 7

Floating Rate Non-Cumulative
Preferred Stock, Series 1

$0.1875

February 15

February 28

Floating Rate Non-Cumulative
Preferred Stock, Series 2

$0.19167

February 15

February 28

Floating Rate Non-Cumulative
Preferred Stock, Series 4

$0.25556

February 15

February 28

Floating Rate Non-Cumulative
Preferred Stock, Series 5

$0.25556

February 1

February 22

Cumulative Preferred Stock,
Series AA

$30.50

March 1

March 17

Fixed-to-Floating Rate Non-
Cumulative Preferred Stock,
Series DD

$31.50

February 15

March 10

Fixed-to-Floating Rate Non-
Cumulative Preferred Stock,
Series FF

$29.375

March 1

March 15

6.000% Non-Cumulative
Preferred Stock, Series GG

$0.375

February 1

February 16

5.375% Non-Cumulative
Preferred Stock, Series KK

$0.3359375

March 1

March 25

5.000% Non-Cumulative
Preferred Stock, Series LL

$0.3125

March 1

March 17

4.250% Non-Cumulative
Preferred Stock, Series QQ

$0.3276042

February 1

February 17

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 66 million consumer and small business clients with approximately 4,200 retail financial centers, approximately 17,000 ATMs, and award-winning digital banking with approximately 41 million active users, including approximately 32 million mobile 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.

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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:

Jerry Dubrowski, Bank of America
Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile)
jerome.f.dubrowski@bofa.com

Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794
christopher.feeney@bofa.com

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.

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SOURCE Bank of America Corporation