CHARLOTTE, N.C., July 20,
2022 /PRNewswire/ -- Bank of America Corporation
today announced the Board of Directors declared a regular quarterly
cash dividend on Bank of America common stock of $0.22 per share, up $0.01 from the prior quarter. The dividend is
payable on September 30, 2022 to
shareholders of record as of September 2,
2022.
The Board also declared a regular quarterly cash dividend of
$1.75 per share on the 7% Cumulative
Redeemable Preferred Stock, Series B. The dividend is payable on
October 25, 2022 to shareholders of
record as of October 11, 2022.
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 67 million consumer and small business clients with
approximately 4,000 retail financial centers, approximately 16,000
ATMs and award-winning digital banking with approximately 55
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 approximately 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
and register for email news alerts.
www.bankofamerica.com
Investors May Contact:
Lee
McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com
Jonathan G. Blum, Bank of America
(Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com
Reporters May Contact:
Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794
christopher.feeney@bofa.com
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SOURCE Bank of America Corporation