Bank of America Declares Preferred Stock Dividends

October 8, 2019 at 9:00 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
Floating Rate Non-Cumulative, Series E $0.25556 October 31 November 15
Floating Rate Non-Cumulative, Series F $1,011.1111 November 29 December 16
Adjustable Rate Non-Cumulative, Series G $1,011.11111 November 29 December 16
Fixed-to-Floating Rate Non-Cumulative, Series U $26.00 November 15 December 2
Floating Rate Non-Cumulative Preferred Stock, Series 1 $0.1875 November 15 November 29
Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.19167 November 15 November 29
Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.25556 November 15 November 29
Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.25556 November 1 November 21
6.000% Non-Cumulative Preferred Stock, Series GG $0.375 November 1 November 18
Fixed-to-Floating Rate Non-Cumulative, Series JJ $25.625 December 1 December 20
5.375% Non-Cumulative Preferred Stock, Series KK $0.3359375 December 1 December 26
5.000% Non-Cumulative Preferred Stock, Series LL $0.3125 December 1 December 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 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 2,200 lending centers, 2,400 financial centers with a Consumer Investment Financial Solutions Advisor and 1,700 business centers; approximately 16,600 ATMs; and award-winning digital banking with more than 37 million active users, including approximately 28 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 approximately 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:

Lawrence Grayson, Bank of America
Phone: 1.704.995.5825


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.