Bank of America Declares Second Quarter 2022 Preferred Stock Dividends
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||May 2|
|Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z||$32.500||April 1||April 25|
|5.875% Non-Cumulative Preferred Stock, Series HH||$0.3671875||April 1||April 25|
|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 3|
|4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR||$11.1805556||April 1||April 27|
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 4,200 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with more than 54 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.
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Lee McEntire, Bank of America
Jonathan G. Blum, Bank of America (Fixed Income)
Christopher P. Feeney, Bank of America
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.