Bank of America Declares Preferred Stock Dividends Payable in April and May 2025

PR Newswire

CHARLOTTE, N.C., March 13, 2025

CHARLOTTE, N.C., March 13, 2025 /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       Dividend per Share or    Record Date    Payment Date 
Stock                     Depositary Share(1) 
7.25% Non-Cumulative      $18.1250000              April 1        April 30 
Perpetual Convertible 
Preferred Stock, 
Series L 
5.875% Non-Cumulative     $0.3671875               April 1        April 24 
Preferred Stock, 
Series HH 
4.375% Non-Cumulative     $0.2734375               April 15       May 5 
Preferred Stock, 
Series NN 
4.125% Non-Cumulative     $0.2578125               April 15       May 2 
Preferred Stock, 
Series PP 
4.375% Fixed-Rate         $10.9375000              April 1        April 28 
Reset Non- Cumulative 
Preferred Stock, 
Series RR 
6.125% Fixed-Rate         $15.3125000              April 1        April 28 
Reset Non- Cumulative 
Preferred Stock, 
Series TT 
 

(1) Each series of preferred stock, other than Series L, is represented by depositary shares.

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 69 million consumer and small business clients with 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 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 4 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 more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

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:

Jocelyn Seidenfeld, Bank of America

Phone: 1.646.743.3356

jocelyn.seidenfeld@bofa.com

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SOURCE Bank of America Corporation

(END) Dow Jones Newswires

March 13, 2025 16:15 ET (20:15 GMT)