Bank of America Corp
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Financials : Banks | Large Cap Value
Company profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Closing Price
$28.11
Day's Change
1.33 (4.97%)
Bid
--
Ask
--
B/A Size
--
Day's High
29.01
Day's Low
27.88
Volume
(Heavy Day)
Volume:
118,767,892

10-day average volume:
88,272,532
118,767,892

Bank of America Declares Preferred Stock Dividends

4:15 pm ET March 10, 2020 (BusinessWire) Print

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     Dividend per Share     Dividend per Share     Record Date          Record Date          Record Date          Payment Date         Payment Date         Payment Date
                                                                     or Depositary Share(1) or Depositary Share(1) or Depositary Share(1)
                                                                         
7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L $18.125                $18.125                $18.125                    April 1                  April 30
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z      $32.500                $32.500                $32.500                    April 1                  April 23
6.200% Non-Cumulative Preferred Stock, Series CC                     $0.3875                $0.3875                $0.3875                    April 1                  April 29
6.000% Non-Cumulative Preferred Stock, Series EE                     $0.375                 $0.375                 $0.375                     April 1                  April 27
5.875% Non-Cumulative Preferred Stock, Series HH                     $0.3671875             $0.3671875             $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 2,800 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and 2,000 business centers; approximately 16,800 ATMs; and award-winning digital banking with approximately 38 million active users, including approximately 29 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 approximately 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 and register for news email alerts.

www.bankofamerica.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20200310005829/en/

SOURCE: Bank of America Corporation

Investors May Contact:
Lee McEntire, Bank of America, 1.980.388.6780
lee.mcentire@bofa.com


Jonathan Blum, Bank of America (Fixed Income), 1.212.449.3112
jonathan.blum@bofa.com


Reporters May Contact:
Jerry Dubrowski, Bank of America, 1.646.855.1195 (office) or 1.508.843.5626 (mobile)
jerome.f.dubrowski@bofa.com

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