PR Newswire | Jan 10, 2022 04:15PM EST

01/10 15:15 CST

Bank of America Declares Preferred Stock Dividends for First Quarter 2022 CHARLOTTE, N.C., Jan. 10, 2022

CHARLOTTE, N.C., Jan. 10, 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:

Series of Preferred Stock Dividend per Share Record Date Payment Date or Depositary Share^1

Floating Rate Non- $0.25556 January 31 February 15Cumulative, Series E

Floating Rate Non- $1,000.00000 February 28 March 15Cumulative, Series F

Adjustable Rate Non- $1,000.00000 February 28 March 15Cumulative, Series G

Fixed-to-Floating Rate Non-Cumulative Preferred Stock, $31.25 February 15 March 7Series X

Floating Rate Non-Cumulative $0.1875 February 15 February 28Preferred Stock, Series 1

Floating Rate Non-Cumulative $0.19167 February 15 February 28Preferred Stock, Series 2

Floating Rate Non-Cumulative $0.25556 February 15 February 28Preferred Stock, Series 4

Floating Rate Non-Cumulative $0.25556 February 1 February 22Preferred Stock, Series 5

Cumulative Preferred Stock, $30.50 March 1 March 17Series AA

Fixed-to-Floating Rate Non-Cumulative Preferred Stock, $31.50 February 15 March 10Series DD

Fixed-to-Floating Rate Non-Cumulative Preferred Stock, $29.375 March 1 March 15Series FF

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

5.375% Non-Cumulative $0.3359375 March 1 March 25Preferred Stock, Series KK

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

4.250% Non-Cumulative $0.3276042 February 1 February 17Preferred Stock, Series QQ

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 4,200 retail financial centers, approximately 17,000 ATMs, and award-winning digital banking with approximately 41 million active users, including approximately 32 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, register for news email alerts.

Investors May Contact:

Lee McEntire, Bank of AmericaPhone: 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:

Jerry Dubrowski, Bank of AmericaPhone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile) jerome.f.dubrowski@bofa.com

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

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.

View original content to download multimedia: https://www.prnewswire.com/news-releases/bank-of-america-declares-preferred-stock-dividends-for-first-quarter-2022-301457608.html

SOURCE Bank of America Corporation