Bank of America Declares Preferred Stock Dividends
June 15 2018 - 10:00AM
Business Wire
Bank of America Corporation today announced the Board of
Directors authorized a regular quarterly cash dividend of $18.125
per share on the 7.25% Non-Cumulative Perpetual Convertible
Preferred Stock, Series L. The dividend is payable on July 30 to
shareholders of record as of July 1.
The board authorized a regular quarterly cash dividend of
$0.40625 per depositary share on the 6.50 percent Non-Cumulative
Preferred Stock, Series Y. The dividend is payable on July 27 to
shareholders of record as of July 1.
The board authorized a regular quarterly cash dividend of
$0.3875 per depositary share on the 6.20 percent Non-Cumulative
Preferred Stock, Series CC. The dividend is payable on July 30 to
shareholders of record as of July 1.
The board also authorized a regular quarterly cash dividend of
$0.375 per depositary share on the 6.00 percent Non-Cumulative
Preferred Stock, Series EE. The dividend is payable on July 25 to
shareholders of record as of July 1.
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
47 million consumer and small business relationships with
approximately 4,400 retail financial centers, approximately 16,000
ATMs, and award-winning digital banking with approximately 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
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version on businesswire.com: https://www.businesswire.com/news/home/20180615005399/en/
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, 1.704.995.5825lawrence.grayson@bankofamerica.com
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