PR Newswire
CHARLOTTE, N.C. , Dec. 15, 2023 /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 | 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 29 |
| | | |
4.375% Non-Cumulative Preferred Stock, Series NN | $0.2734375 | January 15 | February 5 |
| | | |
4.125% Non-Cumulative Preferred Stock, Series PP | $0.2578125 | January 15 | February 2 |
| | | |
4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR | $10.9375000 | January 1 | January 29 |
| | | |
6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT | $15.3125000 | January 1 | January 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 3,900 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
Christopher P. Feeney , Bank of America
Phone: 1.980.386.6794
christopher.feeney@bofa.com
SOURCE Bank of America Corporation