Bank of America Corporation has announced that its Board of Directors has approved regular cash dividends for the fourth quarter of 2024 on various series of preferred stock. The dividends will be distributed to shareholders according to the following schedule:
For the Floating Rate Non-Cumulative Preferred Stock, Series E, a dividend of $0.36606 per share will be paid on November 15, with a record date of October 31. The Series F and Series G stocks will each receive $1,417.64097 per share on December 16, with a record date of November 29.
Other series include the Floating Rate Non-Cumulative Preferred Stock, Series 1 through Series 5, and non-cumulative preferred stocks such as Series GG, KK, LL, QQ, and SS. These dividends range from $0.2656250 to $0.38923 per share or depositary share.
Bank of America is recognized as one of the leading financial institutions globally. It serves a diverse clientele including individual consumers and businesses across different sectors with an array of financial services. In the United States alone, it operates approximately 3,700 retail financial centers and about 15,000 ATMs.
The company is also known for its digital banking services which are utilized by around 58 million verified users. Globally, Bank of America provides wealth management and investment banking services in over 35 countries.
For further inquiries regarding these announcements or other investor-related questions, Lee McEntire can be contacted at Bank of America via phone at 1.980.388.6780 or email at lee.mcentire@bofa.com. For fixed income inquiries specifically, Jonathan G. Blum is available at 1.212.449.3112 or jonathan.blum@bofa.com.
Reporters seeking additional information may reach out to Jocelyn Seidenfeld at Bank of America by calling 1.646.743.3356 or emailing jocelyn.seidenfeld@bofa.com.
Each series except for Series F and G is represented by depositary shares with dividend payments made quarterly.