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Bank of America Declares Preferred Stock Dividends for Third Quarter 2024

PRNewswire 19-Jul-2024 4:15 PM

CHARLOTTE, N.C., July 19, 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

Floating Rate Non-Cumulative
Preferred Stock, Series E


$0.37912


July 31


August 15








Floating Rate Non-Cumulative
Preferred Stock, Series F


$1,533.54544


August 30


September 16








Adjustable Rate Non-Cumulative
Preferred Stock, Series G


$1,533.54544


August 30


September 16








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


$31.25


August 15


September 5








Floating Rate Non-Cumulative
Preferred Stock, Series 1


$0.39672


August 15


August 28








Floating Rate Non-Cumulative
Preferred Stock, Series 2


$0.39915


August 15


August 28








Floating Rate Non-Cumulative
Preferred Stock, Series 4


$0.40553


August 15


August 28








Floating Rate Non-Cumulative
Preferred Stock, Series 5


$0.38892


August 1


August 21








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


$30.50


September 1


September 17








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


$31.50


August 15


September 10








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


$29.375


September 1


September 16








6.000% Non-Cumulative
Preferred Stock, Series GG


$0.375


August 1


August 16








5.375% Non-Cumulative
Preferred Stock, Series KK


$0.3359375


September 1


September 25








5.000% Non-Cumulative
Preferred Stock, Series LL


$0.3125


September 1


September 17








4.250% Non-Cumulative
Preferred Stock, Series QQ


$0.2656250


August 1


August 19








4.750% Non-Cumulative
Preferred Stock, Series SS


$0.2968750


August 1


August 19

1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares.  Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series X, Series AA, Series DD, and Series FF 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 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 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:

Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com

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SOURCE Bank of America Corporation