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 Dividend per Share Record Date Payment Date Preferred Stock or Depositary Share(1) 7.25% Non-Cumulative $18.125 April 1 April 30 Perpetual Convertible Preferred Stock, Series L Fixed-to-Floating Rate $32.500 April 1 April 23 Non-Cumulative Preferred Stock, Series Z 6.000% Non-Cumulative $0.375 April 1 April 26 Preferred Stock, Series EE 5.875% Non-Cumulative $0.3671875 April 1 April 26 Preferred Stock, Series HH 4.375% Non-Cumulative $0.2734375 April 15 May 3 Preferred Stock, Series NN
(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 2,700 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,400 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 39 million active users, including approximately 31 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 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.
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SOURCE: Bank of America
Investors May Contact: Lee McEntire, Bank of America Phone: 1.980.388.6780 firstname.lastname@example.org Jonathan G. Blum, Bank of America (Fixed Income) Phone: 1.212.449.3112 email@example.com Reporters May Contact: Jerry Dubrowski, Bank of America Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile) firstname.lastname@example.org Christopher P. Feeney, Bank of America Phone: 1.980.386.6794 email@example.com