December 16, 2020 at 4:15 PM 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:
| 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 | January 1 | February 1 |
| 6.200% Non-Cumulative Preferred Stock, Series CC | $0.3875 | January 1 | January 29 |
| 6.000% Non-Cumulative Preferred Stock, Series EE | $0.375 | January 1 | January 25 |
| 5.875% Non-Cumulative Preferred Stock, Series HH | $0.3671875 | January 1 | January 25 |
| Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM | $21.50 | January 1 | January 28 |
| 4.375% Non-Cumulative Preferred Stock, Series NN | $0.2855903 | January 15 | February 3 |
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 4,300 retail financial centers, including approximately 2,900 lending centers, 2,500 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,300 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 39 million active users, including approximately 31 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.
For more Bank of America news, including dividend announcements and other important information, register for news email alerts.
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
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 L, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series MM, for which, dividends are paid semi-annually.
December 16, 2020 at 4:15 PM 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:
| 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 | January 1 | February 1 |
| 6.200% Non-Cumulative Preferred Stock, Series CC | $0.3875 | January 1 | January 29 |
| 6.000% Non-Cumulative Preferred Stock, Series EE | $0.375 | January 1 | January 25 |
| 5.875% Non-Cumulative Preferred Stock, Series HH | $0.3671875 | January 1 | January 25 |
| Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM | $21.50 | January 1 | January 28 |
| 4.375% Non-Cumulative Preferred Stock, Series NN | $0.2855903 | January 15 | February 3 |
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 4,300 retail financial centers, including approximately 2,900 lending centers, 2,500 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,300 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 39 million active users, including approximately 31 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.
For more Bank of America news, including dividend announcements and other important information, register for news email alerts.
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
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 L, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series MM, for which, dividends are paid semi-annually.
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| Are Not FDIC Insured | Are Not Bank Guaranteed | May Lose Value |
| Are Not Deposits | Are Not Insured by Any Governmental Agency | Are Not a Condition to Any Banking Service or Activity |
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