Bank of America announces preferred stock dividends

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The FINANCIAL — Bank of America Corporation 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
Floating Rate
Non-Cumulative, Series E
  $0.25556   October 30   November 16
             
Floating Rate
Non-Cumulative, Series F
  $1,011.11111   November 30   December 15
             
Adjustable Rate
Non-Cumulative, Series G
  $1,011.11111   November 30   December 15
             
Fixed-to-Floating Rate
Non-Cumulative, Series U
  $26.00   November 15   December 1
             
Floating Rate Non-Cumulative
Preferred Stock, Series 1
  $0.18750   November 15   November 30
             
Floating Rate Non-Cumulative
Preferred Stock, Series 2
  $0.19167   November 15   November 30
             
Floating Rate Non-Cumulative
Preferred Stock, Series 4
  $0.25556   November 15   November 30
             
Floating Rate Non-Cumulative
Preferred Stock, Series 5
  $0.25556   November 1   November 23
             
6.000% Non-Cumulative
Preferred Stock, Series GG
  $0.375   November 1   November 16
             
Fixed-to-Floating Rate
Non-Cumulative Preferred
Stock, Series JJ
  $25.625   December 1   December 21
             
5.375% Non-Cumulative
Preferred Stock, Series KK
  $0.3359375   December 1   December 28
             
5.000% Non-Cumulative
Preferred Stock, Series LL
  $0.3125   December 1   December 17

 

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1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series U and Series JJ, for which dividends are paid on a semi-annual basis.

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 3,000 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,200 business centers; approximately 16,900 ATMs; and award-winning digital banking with approximately 39 million active users, including approximately 30 million mobile users.

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