Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bank of America Declares Second Quarter 2022 Preferred Stock Dividends

BAC

CHARLOTTE, N.C., March 15, 2022 /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:

(PRNewsfoto/Bank of America Corporation)

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

April 1

May 2

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

$32.500

April 1

April 25

5.875% Non-Cumulative
Preferred Stock, Series HH

$0.3671875

April 1

April 25

4.375% Non-Cumulative
Preferred Stock, Series NN

$0.2734375

April 15

May 3

4.125% Non-Cumulative
Preferred Stock, Series PP

$0.2578125

April 15

May 2





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

$11.1805556

April 1

April 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 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 67 million consumer and small business clients with approximately 4,200 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with more than 54 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 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.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom. Click here to register for news email alerts.

www.bankofamerica.com

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:

Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794
christopher.feeney@bofa.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-of-america-declares-second-quarter-2022-preferred-stock-dividends-301503416.html

SOURCE Bank of America Corporation



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today