Bank of America Declares Preferred Dividends
March 08 2019 - 9:30AM
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 Shareor Depositary
Share1
Record Date Payment Date 7.25% Non-Cumulative
Perpetual Convertible Preferred Stock, Series L $18.125 April 1
April 30 6.500% Non-Cumulative Preferred Stock, Series Y $0.40625
April 1 April 29 Fixed-to-Floating Rate Non-Cumulative Preferred
Stock, Series Z $32.50 April 1 April 23 6.200% Non-Cumulative
Preferred Stock, Series CC $0.3875 April 1 April 29 6.000%
Non-Cumulative Preferred Stock, Series EE $0.375 April 1 April 25
5.875% Non-Cumulative Preferred Stock, Series HH $0.3671875 April 1
April 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
66 million consumer and small business clients with approximately
4,300 retail financial centers, including approximately 1,800
lending centers, 2,200 Merrill Edge investment centers and 1,500
business centers; approximately 16,300 ATMs; and award-winning
digital banking with more than 36 million active users, including
over 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.
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/20190308005053/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
Bank of America (NYSE:BAC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Bank of America (NYSE:BAC)
Historical Stock Chart
From Apr 2023 to Apr 2024