CHARLOTTE, N.C.--(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||October 1||October 30|
|6.500% Non-Cumulative Preferred Stock, Series Y||$0.40625||October 1||October 29|
|Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z||$32.50||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 67 million consumer and small business clients with approximately 4,400 retail financial centers, including more than 1,700 lending centers, more than 1,900 Merrill Edge investment centers and more than 1,300 business centers; approximately 16,100 ATMs; and award-winning digital banking with more than 36 million active users, including 25 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.