Bank of America Declares Preferred Stock Dividends for Second Quarter 2023

April 6, 2023 at 4:15 PM Eastern

CHARLOTTE, NC - 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: 

Q2 2023 preferred stock dividends
Series of Preferred Stock Dividend per Share
or Depositary Share 1
Record Date Payment Date
Floating Rate Non-Cumulative Preferred Stock, Series E $0.32223 April 28 May 15
Floating Rate Non-Cumulative Preferred Stock, Series F $1,345.82967 May 31 June 15
Adjustable Rate Non-Cumulative Preferred Stock, Series G $1,345.82967 May 31 June 15
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U $26.00 May 15 June 1
Floating Rate Non-Cumulative Preferred Stock, Series 1 $0.3565 May 15 May 30
Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.34632 May 15 May 30
Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.35250 May 15 May 30
Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.33470 May 1 May 22
6.000% Non-Cumulative Preferred Stock, Series GG $0.375 May 1 May 16
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ $25.625 June 1 June 20
5.375% Non-Cumulative Preferred Stock, Series KK $0.3359375 June 1 June 26
5.000% Non-Cumulative Preferred Stock, Series LL $0.3125 June 1 June 20
4.250% Non-Cumulative Preferred Stock, Series QQ $0.2656250 May 1 May 17
4.750% Non-Cumulative Preferred Stock, Series SS $0.2968750 May 1 May 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 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 15,000 ATMs (automated teller machines) 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 more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

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:

Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com

Footnotes

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.

Categories

Q1 2023 Earnings

First quarter 2023 earnings will be announced on Tuesday, April 18, 2023 at 6:45 AM Eastern.

2023 quarterly reporting dates

April 6, 2023 at 4:15 PM Eastern

Bank of America Declares Preferred Stock Dividends for Second Quarter 2023

CHARLOTTE, NC - 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: 

Q2 2023 preferred stock dividends
Series of Preferred Stock Dividend per Share
or Depositary Share 1
Record Date Payment Date
Floating Rate Non-Cumulative Preferred Stock, Series E $0.32223 April 28 May 15
Floating Rate Non-Cumulative Preferred Stock, Series F $1,345.82967 May 31 June 15
Adjustable Rate Non-Cumulative Preferred Stock, Series G $1,345.82967 May 31 June 15
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U $26.00 May 15 June 1
Floating Rate Non-Cumulative Preferred Stock, Series 1 $0.3565 May 15 May 30
Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.34632 May 15 May 30
Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.35250 May 15 May 30
Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.33470 May 1 May 22
6.000% Non-Cumulative Preferred Stock, Series GG $0.375 May 1 May 16
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ $25.625 June 1 June 20
5.375% Non-Cumulative Preferred Stock, Series KK $0.3359375 June 1 June 26
5.000% Non-Cumulative Preferred Stock, Series LL $0.3125 June 1 June 20
4.250% Non-Cumulative Preferred Stock, Series QQ $0.2656250 May 1 May 17
4.750% Non-Cumulative Preferred Stock, Series SS $0.2968750 May 1 May 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 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 15,000 ATMs (automated teller machines) 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 more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

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:

Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com

Footnotes

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.

Categories

Q1 2023 Earnings

First quarter 2023 earnings will be announced on Tuesday, April 18, 2023 at 6:45 AM Eastern.

2023 quarterly reporting dates

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