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Bank of America Declares Preferred Stock Dividends
Business Wire 18-Sep-2018 9:00 AM
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
|
|
7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L
|
|
$18.125
|
|
October 1
|
|
October 30
|
|
6.500% Non-Cumulative Preferred Stock, Series Y
|
|
$0.40625
|
|
October 1
|
|
October 29
|
|
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z
|
|
$32.50
|
|
October 1
|
|
October 23
|
|
6.200% Non-Cumulative Preferred Stock, Series CC
|
|
$0.3875
|
|
October 1
|
|
October 29
|
|
6.000% Non-Cumulative Preferred Stock, Series EE
|
|
$0.375
|
|
October 1
|
|
October 25
|
|
5.875% Non-Cumulative Preferred Stock, Series HH
|
|
$0.3671875
|
|
October 1
|
|
October 24
|
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 Z,
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, including more than 1,700 lending centers, more than
1,900 Merrill Edge investment centers and more than 1,300 business
centers; approximately 16,100 ATMs; and award-winning digital banking
with more than 36 million active users, including 25 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.
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.
www.bankofamerica.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20180918005341/en/
