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:

NOTE: The dividend amount for the,

• Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U, was corrected on August 7, 2023. The corrected regular quarterly cash dividend is $22.05700 per depositary share, payable on September 1, 2023 to shareholders of record as of August 15, 2023. Read press release.
• Floating Rate Non-Cumulative Preferred Stock, Series F and the Adjustable Rate Non-Cumulative Preferred Stock, Series G, was corrected on September 18, 2023. The corrected regular quarterly cash dividend is $1,521.06667 per share of Series F and $1,521.06667 per share of Series G. The cash dividends were payable on September 15, 2023 to shareholders of record as of August 31, 2023. Read press release.

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).

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 X, Series AA, Series DD, and Series FF for which dividends are paid on a semi-annual basis.