Bank of America Declares Preferred Stock Dividends

April 5, 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:

Preferred stock dividends
Series of Preferred Stock Dividend per Share or Depositary Share1 Record Date Payment Date
Floating Rate Non-Cumulative, Series E $0.24722 April 30 May 15
Floating Rate Non-Cumulative, Series F $1,022.22222 May 31 June 17
Adjustable Rate Non-Cumulative, Series G $1,022.22222 May 31 June 17
Fixed-to-Floating Rate Non-Cumulative, Series U $26.00 May 15 June 3
Fixed-to-Floating Rate Non-Cumulative, Series V $25.625 June 1 June 17
6.625% Non-Cumulative, Series W $0.4140625 May 15 June 10
Floating Rate Non-Cumulative Preferred Stock, Series 1 $0.211180 May 15 May 28
Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.20265 May 15 May 28
Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.24722 May 15 May 28
Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.24722 May 1 May 21
6.000% Non-Cumulative Preferred Stock, Series GG $0.375 May 1 May 16

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.

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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:

Jerry Dubrowski, Bank of America
Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile)


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 V, for which dividends are paid on a semi-annual basis.