Bank of America Declares Preferred Stock Dividends
March 10 2020 - 4:15PM
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
April 1
April 30
Fixed-to-Floating Rate Non-Cumulative
Preferred Stock, Series Z
$32.500
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 27
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 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 2,800
lending centers, 2,600 financial centers with a Consumer Investment
Financial Solutions Advisor and 2,000 business centers;
approximately 16,800 ATMs; and award-winning digital banking with
approximately 38 million active users, including approximately 29
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
and register for news email alerts.
www.bankofamerica.com
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version on businesswire.com: https://www.businesswire.com/news/home/20200310005829/en/
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: Jerry Dubrowski, Bank of America,
1.646.855.1195 (office) or 1.508.843.5626 (mobile)
jerome.f.dubrowski@bofa.com
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