Bank of America Declares Preferred Stock Dividends | Business & Finance
CHARLOTTE, N.C.–(BUSINESS WIRE)–Jan 15, 2021–
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 Share 1 |
|
Record Date |
|
Payment Date |
|
Floating Rate Non-Cumulative, Series E |
|
$0.25556 |
|
January 29 |
|
February 16 |
|
Floating Rate Non-Cumulative, Series F |
|
$1,000.00000 |
|
February 26 |
|
March 15 |
|
Adjustable Rate Non-Cumulative, Series G |
|
$1,000.00000 |
|
February 26 |
|
March 15 |
|
Fixed-to-Floating Rate Non-Cumulative, Series X |
|
$31.25 |
|
February 15 |
|
March 5 |
|
Floating Rate Non-Cumulative Preferred Stock, Series 1 |
|
$0.18750 |
|
February 15 |
|
February 26 |
|
Floating Rate Non-Cumulative Preferred Stock, Series 2 |
|
$0.19167 |
|
February 15 |
|
February 26 |
|
Floating Rate Non-Cumulative Preferred Stock, Series 4 |
|
$0.25556 |
|
February 15 |
|
February 26 |
|
Floating Rate Non-Cumulative Preferred Stock, Series 5 |
|
$0.25556 |
|
February 1 |
|
February 22 |
|
Fixed-to-Floating Rate Non-Cumulative, Series AA |
|
$30.50 |
|
March 1 |
|
March 17 |
|
Fixed-to-Floating Rate Non-Cumulative, Series DD |
|
$31.50 |
|
February 15 |
|
March 10 |
|
Fixed-to-Floating Rate Non-Cumulative, Series FF |
|
$29.375 |
|
March 1 |
|
March 15 |
|
6.000% Non-Cumulative Preferred Stock, Series GG |
|
$0.375 |
|
February 1 |
|
February 16 |
|
5.375% Non-Cumulative Preferred Stock, Series KK |
|
$0.3359375 |
|
March 1 |
|
March 25 |
|
5.000% Non-Cumulative Preferred Stock, Series LL |
|
$0.3125 |
|
March 1 |
|
March 17 |
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 X, Series AA, Series DD, and Series FF, 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 2,900 lending centers, 2,500 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,300 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 39 million active users, including approximately 31 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.
CONTACT: Investors May Contact:
Lee McEntire, Bank of America
Jonathan G. Blum, Bank of America (Fixed Income)
Jerry Dubrowski, Bank of America
Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile)
Christopher P. Feeney, Bank of America
KEYWORD: NORTH CAROLINA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: Bank of America Corporation
Copyright Business Wire 2021.
PUB: 01/15/2021 04:15 PM/DISC: 01/15/2021 04:16 PM
Copyright Business Wire 2021.