Bank of America Declares Quarterly Dividend on Series L and Series Y Preferred Stock
June 19 2015 - 9:00AM
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 percent 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 also 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.
Bank of AmericaBank of America is one of the world's largest
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
48 million consumer and small business relationships with
approximately 4,800 retail financial centers and approximately
15,900 ATMs and award-winning online banking with 31 million active
users and approximately 17 million mobile users. Bank of America is
among the world's leading wealth management companies and is a
global leader in 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 in all 50 states, the District of Columbia, the U.S.
Virgin Islands, Puerto Rico and more than 35 countries. Bank of
America Corporation stock (NYSE: BAC) is listed on the New York
Stock Exchange.
Visit the Bank of America newsroom for more Bank of America
news.
www.bankofamerica.com
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version on businesswire.com: http://www.businesswire.com/news/home/20150619005063/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:Jerry Dubrowski, Bank of
America, 1.980.388.2840jerome.f.dubrowski@bankofamerica.com
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