Bank of America Declares Preferred Stock Dividends
September 18 2018 - 9:00AM
Business Wire
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
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version on businesswire.com: https://www.businesswire.com/news/home/20180918005341/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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