Business Wire | Jul 13, 2021 04:30PM EDT

Bank of America Declares Preferred Stock Dividends

Jul. 13, 2021

CHARLOTTE, N.C.--(BUSINESS WIRE)--Jul. 13, 2021--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 or Depositary Share^1

Floating Rate Non- $0.25556 July 30 August 16Cumulative, Series E

Floating Rate Non- $1,022.22222 August 31 September 15Cumulative, Series F

Adjustable Rate Non- $1,022.22222 August 31 September 15Cumulative, Series G

Fixed-to-Floating RateNon-Cumulative Preferred $31.25 August 15 September 7Stock,Series X

Floating Rate Non-Cumulative Preferred $0.1875 August 15 August 31Stock,Series 1

Floating Rate Non-Cumulative Preferred $0.19167 August 15 August 31Stock,Series 2

Floating Rate Non-Cumulative Preferred $0.25556 August 15 August 31Stock,Series 4

Floating Rate Non-Cumulative Preferred $0.25556 August 1 August 23Stock,Series 5

Cumulative PreferredStock, $30.50 September 1 September 17Series AA

Fixed-to-Floating RateNon-Cumulative Preferred $31.50 August 15 September 10Stock,Series DD

Fixed-to-Floating RateNon-Cumulative Preferred $29.375 September 1 September 15Stock,Series FF

6.000% Non-Cumulative $0.375 August 1 August 16Preferred Stock, Series GG

5.375% Non-Cumulative $0.3359375 September 1 September 27Preferred Stock, Series KK

5.000% Non-Cumulative $0.3125 September 1 September 17Preferred Stock, Series LL

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 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 40 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.

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.

www.bankofamerica.com

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CONTACT: Investors May Contact: Lee McEntire, Bank of America Phone: 1.980.388.6780 lee.mcentire@bofa.com

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

CONTACT: Reporters May Contact: Jerry Dubrowski, Bank of America Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile) jerome.f.dubrowski@bofa.com

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