Bank of America Declares Preferred Stock Dividends for Fourth Quarter 2024

Core Viewpoint - Bank of America Corporation has announced the authorization of regular cash dividends on various series of preferred stock, indicating a commitment to returning value to shareholders [1][2]. Dividend Announcements - The following series of preferred stock will have dividends declared: - 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L: $18.125 per share, payable on October 30, with a record date of October 1 [2]. - Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z:$32.500 per share, payable on October 23, with a record date of October 1 [2]. - 5.875% Non-Cumulative Preferred Stock, Series HH: $0.3671875 per share, payable on October 24, with a record date of October 1 [2]. - 4.375$0.2734375 per share, payable on November 4, with a record date of October 15 [2]. - 4.125% Non-Cumulative Preferred Stock, Series PP: $0.2578125 per share, payable on November 4, with a record date of October 15 [2]. - 4.375$10.9375000 per share, payable on October 28, with a record date of October 1 [2]. - 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT: $15.3125000 per share, payable on October 28, with a record date of October 1 [2]. Company Overview - Bank of America is a leading global financial institution, providing a wide range of banking, investing, asset management, and risk management services [3]. - The company serves approximately 69 million consumer and small business clients through around 3,800 retail financial centers and approximately 15,000 ATMs [3]. - Bank of America is recognized for its digital banking services, with about 58 million verified digital users [3]. - The company operates in over 35 countries, serving corporations, governments, institutions, and individuals globally [3].