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press release

June 11, 2021, 4:15 p.m. EDT

Bank of America Declares 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:

Series of Preferred Stock   Dividend per Share or Depositary Share [1]   Record Date   Payment Date
7.25% Non-Cumulative
Perpetual Convertible
Preferred Stock, Series L
  $18.125   July 1   July 30
5.875% Non-Cumulative
Preferred Stock, Series HH
  $0.3671875   July 1   July 26
Fixed-to-Floating Rate Non-
Cumulative Preferred Stock,
Series MM
  $21.50   July 1   July 28
4.375% Non-Cumulative
Preferred Stock, Series NN
  $0.2734375   July 15   August 3
4.125% Non-Cumulative
Preferred Stock, Series PP
  $0.2578125   July 15   August 2

[1 ] Each series of preferred stock, other than Series L, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series MM, for which dividends are paid on a semi-annual basis.

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 4,300 retail financial centers, including approximately 2,700 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,400 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 40 million active users, including approximately 31 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 /zigman2/quotes/200894270/composite BAC -0.68% is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom . Click here to register for news email alerts.


View source version on businesswire.com: https://www.businesswire.com/news/home/20210611005461/en/

SOURCE: Bank of America Corporation

Investors May Contact:
Lee McEntire, Bank of America
Phone: 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 America
Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile)
jerome.f.dubrowski@bofa.com Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794


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Copyright Business Wire 2021

$ 37.70
-0.26 -0.68%
Volume: 48.66M
July 23, 2021 4:00p
P/E Ratio
Dividend Yield
Market Cap
$319.97 billion
Rev. per Employee


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