Bank of America Declares Preferred Dividends

Date : 09/12/2019 @ 1:00PM
Source : Business Wire
Stock : Bank of America Corporation (BAC)
Quote : 34.12  -0.24 (-0.70%) @ 12:36AM
After Hours
Last Trade
Last $ 34.16 ▲ 0.04 (0.12%)

Bank of America Declares Preferred Dividends

Bank of America (NYSE:BAC)
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6 Months : From Jul 2019 to Jan 2020

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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 28

 

Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z

$32.500

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 America Bank 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 2,200 lending centers, 2,400 financial centers with a Consumer Investment Financial Solutions Advisor and 1,700 business centers; approximately 16,600 ATMs; and award-winning digital banking with more than 37 million active users, including approximately 28 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 approximately 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

Investors May Contact: Lee McEntire, Bank of America, 1.980.388.6780 lee.mcentire@bofa.com Jonathan Blum, Bank of America (Fixed Income), 1.212.449.3112 jonathan.blum@bofa.com Reporters May Contact: Lawrence Grayson, Bank of America, 1.704.995.5825 lawrence.grayson@bofa.com

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