Bank of America Declares Preferred Stock Dividends

July 8, 2019 at 9:30 AM Eastern

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:

Preferred Stock Dividends
Series of Preferred Stock Dividend per Share or Depositary Share1 Record Date Payment Date
Floating Rate Non-Cumulative, Series E $0.25556 July 31 August 15
Floating Rate Non-Cumulative, Series F $1,022.22222 August 30 September 16
Adjustable Rate Non-Cumulative, Series G $1,022.22222 August 30 September 16
Fixed-to-Floating Rate Non-Cumulative, Series V $14.81519 September 1 September 17
6.625% Non-Cumulative,Series W $0.4140625 August 15 September 9
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X $0.25556 August 15 August 28
Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.25556 August 1 August 21
Cumulative Preferred Stock, Series AA $30.50 September 1 September 17
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series DD $31.50 August 15 September 10
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF $29.375 September 1 September 16
6.000% Non-Cumulative Preferred Stock, Series GG $0.375 August 1 August 16

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 4,400 retail financial centers, including approximately 1,800 lending centers, 2,200 financial centers with a Consumer Investment Financial Solutions Advisor, and 1,500 business centers; approximately 16,400 ATMs; and award-winning digital banking with more than 37 million active users, including over 27 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 owners 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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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.