Bank of America Corporation announced today that its Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of several series of preferred stock for the fourth quarter of 2024.
The details for each series are as follows:
- **7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L**: Dividend per share is $18.125, with a record date of October 1 and payment date of October 30.
- **Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z**: Dividend per share is $32.500, with a record date of October 1 and payment date of October 23.
- **5.875% Non-Cumulative Preferred Stock, Series HH**: Dividend per share is $0.3671875, with a record date of October 1 and payment date of October 24.
- **4.375% Non-Cumulative Preferred Stock, Series NN**: Dividend per share is $0.2734375, with a record date of October 15 and payment date of November 4.
- **4.125% Non-Cumulative Preferred Stock, Series PP**: Dividend per share is $0.2578125, with a record date of October 15 and payment date of November 4.
- **4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR**: Dividend per share is $10.9375000, with a record date of October 1 and payment date of October 28.
- **6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT**: Dividend per share is $15.3125000, with a record date of October 1 and payment date of October 28.
Bank of America serves individual consumers, small and middle-market businesses, and large corporations with a comprehensive range of banking services including investing, asset management, financial products and risk management services.
For further inquiries:
Investors may contact Lee McEntire at Bank of America at 1.980.388.6780 or lee.mcentire@bofa.com; Jonathan G. Blum (Fixed Income) at Bank Of America at 1.212.449.3112 or jonathan.blum@bofa.com.
Reporters may contact Jocelyn Seidenfeld at Bank Of America at 1.646.743.3356 or jocelyn.seidenfeld@bofa.com.
Footnote:
Each series other than Series L is represented by depositary shares; dividends are paid quarterly except for Series Z which pays semi-annually.