Bank of America Declares Preferred Stock Dividends
Source: Bank of America
Bank of America Corporation has 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 | October 1 | October 30 | |||
| Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z |
$32.500 | 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 26 | |||
| 5.875% Non-Cumulative Preferred Stock, Series HH |
$0.3671875 | October 1 | October 26 |
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.
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