Bank of America Corp
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Financials : Banks | Large Cap ValueCompany 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
Day's Change
-0.24 (-0.69%)
B/A Size
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10-day average volume:

Bank of America Declares Preferred Stock Dividends

9:00 am ET October 8, 2019 (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       Record Date            Payment Date
                                                  or Depositary Share(1)
Floating Rate Non-             $0.25556                 October 31             November 15
Cumulative, Series E
Floating Rate Non-             $1,011.1111              November 29            December 16
Cumulative, Series F
Adjustable Rate Non-           $1,011.11111             November 29            December 16
Cumulative, Series G
Fixed-to-Floating Rate Non-    $26.00                   November 15            December 2
Cumulative, Series U
Floating Rate Non-Cumulative   $0.1875                  November 15            November 29
Preferred Stock, Series 1
Floating Rate Non-Cumulative   $0.19167                 November 15            November 29
Preferred Stock, Series 2
Floating Rate Non-Cumulative   $0.25556                 November 15            November 29
Preferred Stock, Series 4
Floating Rate Non-Cumulative   $0.25556                 November 1             November 21
Preferred Stock, Series 5
6.000% Non-Cumulative          $0.375                   November 1             November 18
Preferred Stock, Series GG
Fixed-to-Floating Rate Non-    $25.625                  December 1             December 20
Cumulative Preferred Stock,
Series JJ
5.375% Non-Cumulative          $0.3359375               December 1             December 26
Preferred Stock, Series KK
5.000% Non-Cumulative          $0.3125                  December 1             December 17
Preferred Stock, Series LL

(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 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 2,200 lending centers, 2,400 financial centers with a Consumer Investment Financial Solutions Advisor and 1,700 business centers; approximately 16,600 ATMs; and award-winning digital banking with more than 37 million active users, including approximately 28 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. Click here to register for news email alerts.

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SOURCE: Bank of America Corporation

Investors May Contact:
Lee McEntire, Bank of America, 1.980.388.6780

Jonathan Blum, Bank of America (Fixed Income), 1.212.449.3112

Reporters May Contact:
Lawrence Grayson, Bank of America, 1.704.995.5825

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