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home / news releases / BAC - Bank of America Declares Third-Quarter 2024 Preferred Stock Dividends


BAC - Bank of America Declares Third-Quarter 2024 Preferred Stock Dividends

PR Newswire

CHARLOTTE, N.C. , June 12, 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 Share
1

Record Date

Payment Date





7.25% Non-Cumulative Perpetual
Convertible Preferred Stock, Series L

$18.125

July 1

July 30





5.875% Non-Cumulative
Preferred Stock, Series HH

$0.3671875

July 1

July 24





Fixed-to-Floating Rate Non-Cumulative
Preferred Stock, Series MM

$21.50

July 1

July 29





4.375% Non-Cumulative
Preferred Stock, Series NN

$0.2734375

July 15

August 5





4.125% Non-Cumulative
Preferred Stock, Series PP

$0.2578125

July 15

August 2





4.375% Fixed-Rate Reset Non-Cumulative
Preferred Stock, Series RR

$10.9375000

July 1

July 29





6.125% Fixed-Rate Reset Non-Cumulative
Preferred Stock, Series TT

$15.3125000

July 1

July 29

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 3,800 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 57 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 is listed on the New York Stock Exchange (NYSE: BAC).

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 Blum , Bank of America (Fixed Income)
Phone:  1.212.449.3112
jonathan.blum@bofa.com

Reporters may contact:

Bill Halldin , Bank of America
Phone: 1.916.724.0093
william.halldin@bofa.com

SOURCE Bank of America Corporation

Stock Information

Company Name: Bank of America Corporation
Stock Symbol: BAC
Market: NYSE
Website: bankofamerica.com

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