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 Share1

Record Date

Payment Date

        
      
      
        
          Floating Rate Non-Cumulative, Series E
        
        
        
        
        
        
          $0.25556
        
        
        
        
        
        
          October 31
        
        
        
        
        
        
          November 15
        
      
      
        
          Floating Rate Non-Cumulative, Series F
        
        
        
        
        
        
          $1,011.11111
        
        
        
        
        
        
          November 30
        
        
        
        
        
        
          December 17
        
      
      
        
          Adjustable Rate Non-Cumulative, Series G
        
        
        
        
        
        
          $1,011.11111
        
        
        
        
        
        
          November 30
        
        
        
        
        
        
          December 17
        
      
      
        
          Fixed-to-Floating Rate Non-Cumulative, Series U
        
        
        
        
        
        
          $26.00
        
        
        
        
        
        
          November 15
        
        
        
        
        
        
          December 3
        
      
      
        
          Fixed-to-Floating Rate Non-Cumulative, Series V
        
        
        
        
        
        
          $25.625
        
        
        
        
        
        
          December 1
        
        
        
        
        
        
          December 17
        
      
      
        
          6.625% Non-Cumulative, Series W
        
        
        
        
        
        
          $0.4140625
        
        
        
        
        
        
          November 15
        
        
        
        
        
        
          December 10
        
      
      
        
          Floating Rate Non-Cumulative Preferred Stock, Series 1
        
        
        
        
        
        
          $0.1913363
        
        
        
        
        
        
          November 15
        
        
        
        
        
        
          November 28
        
      
      
        
          Floating Rate Non-Cumulative Preferred Stock, Series 2
        
        
        
        
        
        
          $0.19167
        
        
        
        
        
        
          November 15
        
        
        
        
        
        
          November 28
        
      
      
        
          Floating Rate Non-Cumulative Preferred Stock, Series 4
        
        
        
        
        
        
          $0.25556
        
        
        
        
        
        
          November 15
        
        
        
        
        
        
          November 28
        
      
      
        
          Floating Rate Non-Cumulative Preferred Stock, Series 5
        
        
        
        
        
        
          $0.25556
        
        
        
        
        
        
          November 1
        
        
        
        
        
        
          November 21
        
      
      
        
          6.000% Non-Cumulative Preferred Stock, Series GG
        
        
        
        
        
        
          $0.375
        
        
        
        
        
        
          November 1
        
        
        
        
        
        
          November 16
        
      
    
    

1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series U and Series V, for which dividends are paid on a semi-annual basis.

Bank of AmericaBank 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 67 million consumer and small business clients with approximately 4,400 retail financial centers, approximately 16,100 ATMs, and award-winning digital banking with more than 36 million active users, including nearly 26 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 owners 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 (NYSE: BAC) is listed on the New York Stock Exchange.

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www.bankofamerica.com

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Investors May Contact:Lee McEntire, Bank of America, 1.980.388.6780Jonathan Blum, Bank of America (Fixed Income), 1.212.449.3112Reporters May Contact:Lawrence Grayson, Bank of America, [e-mail]