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 | 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 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 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190308005053/en/
Contacts:
Lee McEntire, Bank of America, 1.980.388.6780
Jonathan
Blum, Bank of America (Fixed Income), 1.212.449.3112
Reporters
May Contact:
Lawrence Grayson, Bank of America, 1.704.995.5825
lawrence.grayson@bankofamerica.com
