Bank of America Declares Preferred Dividends

March 8, 2019 at 9:30 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:

Series of Preferred Stock                Dividend per Share
or Depositary Share
1    
Record Date    Payment Date   
7.25% Non-Cumulative
Perpetual Convertible
Preferred Stock, Series L            
 
$18.125 April 1 April 30
6.500% Non-Cumulative
Preferred Stock, Series Y
 
$0.40625 April 1

April 29

Fixed-to-Floating Rate
Non-Cumulative Preferred
Stock, Series Z
 
$32.50 April 1 April 23
6.200% Non-Cumulative
Preferred Stock, Series CC
 
$0.3875 April 1

April 29

6.000% Non-Cumulative
Preferred Stock, Series EE
 
$0.375 April 1

April 25

5.875% Non-Cumulative
Preferred Stock, Series HH
$0.3671875 April 1 April 24

 

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.

 

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 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 1,800 lending centers, 2,200 Merrill Edge investment centers and 1,500 business centers; approximately 16,300 ATMs; and award-winning digital banking with more than 36 million active users, including over 26 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 more than 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, visit the Bank of America newsroom. 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

Jonathan Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112

Reporters May Contact:
Lawrence Grayson, Bank of America
Phone: 1.704.995.5825
lawrence.grayson@bofa.com

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