Bank of America Declares Preferred Stock Dividends for Third Quarter 2022

<br /> Bank of America Declares Preferred Stock Dividends for Third Quarter 2022<br />

PR Newswire

CHARLOTTE, N.C.

,

July 13, 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 or Depositary Share ¹	Record Date	Payment Date
Floating Rate Non-Cumulative Preferred Stock, Series E	$0.25556	July 29	August 15
Floating Rate Non-Cumulative Preferred Stock, Series F	$1,022.22222	August 31	September 15
Adjustable Rate Non-Cumulative Preferred Stock, Series G	$1,022.22222	August 31	September 15
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X	$31.25	August 15	September 6
Floating Rate Non-Cumulative Preferred Stock, Series 1	$0.1875	August 15	August 29
Floating Rate Non-Cumulative Preferred Stock, Series 2	$0.19167	August 15	August 29
Floating Rate Non-Cumulative Preferred Stock, Series 4	$0.25556	August 15	August 29
Floating Rate Non-Cumulative Preferred Stock, Series 5	$0.25556	August 1	August 22
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series AA	$30.50	September 1	September 19
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series DD	$31.50	August 15	September 12
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF	$29.375	September 1	September 15
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 26
5.000% Non-Cumulative Preferred Stock, Series LL	$0.3125	September 1	September 19
4.250% Non-Cumulative Preferred Stock, Series QQ	$0.2656250	August 1	August 17
4.750% Non-Cumulative Preferred Stock, Series SS	$0.2968750	August 1	August 17

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 4,100 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 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

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www.bankofamerica.com

Investors May Contact:

Lee McEntire

, Bank of America

Phone: 1.980.388.6780

[email protected]

Jonathan G. Blum

, Bank of America (Fixed Income)

Phone: 1.212.449.3112

[email protected]

Reporters May Contact:

Christopher P. Feeney

, Bank of America

Phone: 1.980.386.6794

[email protected]

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.

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