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Bank of America Declares First Quarter 2023 Preferred Stock Dividends

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:

Preferred stock dividends
Series of Preferred StockDividend per Share or Depositary Share1Record DatePayment Date
7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L$18.125January 1January 30
5.875% Non-Cumulative Preferred Stock, Series HH$0.3671875January 1January 24
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM$21.50January 1January 30
4.375% Non-Cumulative Preferred Stock, Series NN$0.2734375January 15February 3
4.125% Non-Cumulative Preferred Stock, Series PP$0.2578125January 15February 2
4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR$10.9375000January 1January 27
6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT$15.3125000January 1January 27

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 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 56 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.

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