The board of directors of Merrill Lynch & Co., Inc. (NYSE:MER) declared a regular quarterly dividend of 35 cents per common share payable May 28, 2008, to shareholders of record on May 8, 2008.
In addition, the finance committee of the board of directors of Merrill Lynch & Co., Inc. declared the following dividends on shares of preferred stock:
- $288.00 per share of Floating Rate Non-Cumulative Preferred Stock, Series 1 equivalent to $0.2400 per Depositary Share (NYSE: MERPRG)
- $280.50 per share of Floating Rate Non-Cumulative Preferred Stock, Series 2 equivalent to $0.2338 per Depositary Share (NYSE: MERPRH)
- $478.13 per share of 6.375% Non-Cumulative Preferred Stock, Series 3 equivalent to $0.3984 per Depositary Share (NYSE: MERPRI)
- $300.00 per share of Floating Rate Non-Cumulative Preferred Stock, Series 4 equivalent to $0.2500 per Depositary Share (NYSE: MERPRJ)
- $300.00 per share of Floating Rate Non-Cumulative Preferred Stock, Series 5 equivalent to $0.2500 per Depositary Share (NYSE: MERPRL)
- $16.75 per share of Floating Rate Non-Cumulative Preferred Stock, Series 6 equivalent to $0.418750 per Depositary Share (NYSE: MERPRN)
- $15.63 per share of Floating Rate Non-Cumulative Preferred Stock, Series 7 equivalent to $0.390625 per Depositary Share (NYSE: MERPRO)
Series 1, 2, 3 & 4 dividends are payable May 28, 2008, to holders of record on May 15, 2008. Series 5 dividends are payable May 21, 2008, to holders of record on May 8, 2008. Series 6 and 7 dividends are payable June 30, 2008, to holders of record on June 9, 2008.
The finance committee also declared a total quarterly dividend in the amount of $208.7 million for the privately placed Non-Voting Mandatory Convertible Non-Cumulative Preferred Stock, Series 1.
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