CHARLOTTE, N.C., Dec. 16,
2024 /PRNewswire/ -- 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 Share1
|
Record
Date
|
Payment
Date
|
|
|
|
|
|
7.25% Non-Cumulative
Perpetual
Convertible Preferred Stock, Series L
|
$18.125
|
January 1
|
January 30
|
|
|
|
|
|
5.875% Non-Cumulative
Preferred
Stock, Series HH
|
$0.3671875
|
January 1
|
January 24
|
|
|
|
|
|
Fixed-to-Floating Rate
Non-Cumulative
Preferred Stock, Series MM
|
$21.50
|
January 1
|
January
28
|
|
|
|
|
|
4.375% Non-Cumulative
Preferred
Stock, Series NN
|
$0.2734375
|
January 15
|
February 3
|
|
|
|
|
|
4.125% Non-Cumulative
Preferred
Stock, Series PP
|
$0.2578125
|
January 15
|
February 3
|
|
|
|
|
|
4.375% Fixed-Rate Reset
Non-Cumulative
Preferred Stock, Series RR
|
$10.9375000
|
January 1
|
January 27
|
|
|
|
|
|
6.125% Fixed-Rate Reset
Non-Cumulative
Preferred Stock, Series TT
|
$15.3125000
|
January 1
|
January 27
|
|
|
|
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 MM, 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 69 million consumer and small business clients with
approximately 3,700 retail financial centers, approximately 15,000
ATMs (automated teller machines) and award-winning digital banking
with approximately 58 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 4 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 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
and register for news email alerts
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:
Jocelyn Seidenfeld, Bank of
America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com
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SOURCE Bank of America Corporation