Bank of America Declares Preferred Dividends

January 8, 2018 at 10:00 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
6.204% Non-Cumulative Preferred Stock, Series D $0.38775 February 28 March 14
Floating Rate Non-Cumulative Preferred Stock, Series E $0.25556 January 31 February 15
Floating Rate Non-Cumulative Preferred Stock, Series F $1,000.00 February 28 March 15
Adjustable Rate Non-Cumulative Preferred Stock, Series G $1,000.00 February 28 March 15
6.625% Non-Cumulative Preferred Stock, Series I $0.4140625 March 15 April 2
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K $40.00 January 15 January 30
6.625% Non-Cumulative Preferred Stock, Series W $0.4140625 February 15 March 9
6.204% Non-Cumulative Preferred Stock, Series D $0.38775 February 28 March 14
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X $31.25 February 15 March 5
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series AA $30.50 March 1 March 19
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series DD $31.50 February 15 March 12
Floating Rate Non-Cumulative Preferred Stock, Series 1 $0.18750 February 15 February 28
Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.19167 February 15 February 28
6.375% Non-Cumulative Preferred Stock, Series 3 $0.3984375 February 15 February 28
Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.25556 February 15 February 28
Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.25556 February 1 February 21

 

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

 

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 47 million consumer and small business relationships with approximately 4,500 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 34 million active users, including approximately 24 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 in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more information, visit the Bank of America newsroom and register for news email alerts.

www.bankofamerica.com

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Investors May Contact:
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

Reporters May Contact:
Jerry Dubrowski, Bank of America, 
Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile)
jerome.f.dubrowski@bofa.com