{"id":503105,"date":"2021-06-11T16:18:47","date_gmt":"2021-06-11T20:18:47","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bank-of-america-declares-preferred-stock-dividends\/"},"modified":"2021-06-11T16:18:47","modified_gmt":"2021-06-11T20:18:47","slug":"bank-of-america-declares-preferred-stock-dividends","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bank-of-america-declares-preferred-stock-dividends\/","title":{"rendered":"Bank of America Declares Preferred Stock Dividends"},"content":{"rendered":"

<\/p>\n

Bank of America Declares Preferred Stock Dividends<\/b><\/p>\n

CHARLOTTE, N.C.–(BUSINESS WIRE<\/a>)–
\nBank 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:\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Series of Preferred Stock<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

Dividend per Share
\n
or Depositary Share<\/b>1<\/sup><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

Record Date<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

Payment Date<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n7.25% Non-Cumulative
\n
Perpetual Convertible
\n
Preferred Stock, Series L\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n$18.125\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nJuly 1\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nJuly 30\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n

\n5.875% Non-Cumulative
\n
Preferred Stock, Series HH\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n$0.3671875\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nJuly 1\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nJuly 26\n<\/p>\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n

\nFixed-to-Floating Rate Non-
\n
Cumulative Preferred Stock,
\n
Series MM\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n$21.50\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nJuly 1\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nJuly 28\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n4.375% Non-Cumulative
\n
Preferred Stock, Series NN\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n$0.2734375\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nJuly 15\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nAugust 3\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n4.125% Non-Cumulative
\n
Preferred Stock, Series PP\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n$0.2578125\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nJuly 15\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nAugust 2\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

1 <\/sup>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 MM, for which dividends are paid on a semi-annual basis.\n<\/p>\n

\nBank of America
\n
Bank of America is one of the world\u2019s 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 2,700 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,400 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 40 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 households 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.\n<\/p>\n

\nFor more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom<\/a>. Click here<\/a> to register for news email alerts.\n<\/p>\n

www.bankofamerica.com<\/a><\/b><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210611005461\/en\/<\/a><\/span><\/p>\n

Investors May Contact:
\n<\/b>
Lee McEntire, Bank of America
\n
Phone: 1.980.388.6780
\n
lee.mcentire@bofa.com<\/a><\/p>\n

\nJonathan G. Blum, Bank of America (Fixed Income)
\n
Phone: 1.212.449.3112
\n
jonathan.blum@bofa.com<\/a><\/p>\n

Reporters May Contact:
\n<\/b>
Jerry Dubrowski, Bank of America
\n
Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile)
\n
jerome.f.dubrowski@bofa.com<\/a><\/p>\n

\nChristopher P. Feeney, Bank of America
\n
Phone: 1.980.386.6794
\n
christopher.feeney@bofa.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America North Carolina<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Bank of America Declares Preferred Stock Dividends CHARLOTTE, N.C.–(BUSINESS WIRE)– 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 \u00a0 Dividend per Share or Depositary Share1 \u00a0 Record Date \u00a0 Payment Date \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L \u00a0 $18.125 \u00a0 July 1 \u00a0 July 30 \u00a0 5.875% Non-Cumulative Preferred Stock, Series HH \u00a0 $0.3671875 \u00a0 July 1 \u00a0 July 26 \u00a0 \u00a0 Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series MM \u00a0 $21.50 \u00a0 July 1 \u00a0 July 28 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 4.375% … <\/p>\n

Continue reading “Bank of America Declares Preferred Stock Dividends”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-503105","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBank of America Declares Preferred Stock Dividends - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bank-of-america-declares-preferred-stock-dividends\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank of America Declares Preferred Stock Dividends - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Bank of America Declares Preferred Stock Dividends CHARLOTTE, N.C.–(BUSINESS WIRE)– 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 \u00a0 Dividend per Share or Depositary Share1 \u00a0 Record Date \u00a0 Payment Date \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L \u00a0 $18.125 \u00a0 July 1 \u00a0 July 30 \u00a0 5.875% Non-Cumulative Preferred Stock, Series HH \u00a0 $0.3671875 \u00a0 July 1 \u00a0 July 26 \u00a0 \u00a0 Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series MM \u00a0 $21.50 \u00a0 July 1 \u00a0 July 28 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 4.375% … Continue reading "Bank of America Declares Preferred Stock Dividends"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bank-of-america-declares-preferred-stock-dividends\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-11T20:18:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210611005461r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bank-of-america-declares-preferred-stock-dividends\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bank-of-america-declares-preferred-stock-dividends\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Bank of America Declares Preferred Stock Dividends\",\"datePublished\":\"2021-06-11T20:18:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bank-of-america-declares-preferred-stock-dividends\\\/\"},\"wordCount\":440,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bank-of-america-declares-preferred-stock-dividends\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210611005461r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bank-of-america-declares-preferred-stock-dividends\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bank-of-america-declares-preferred-stock-dividends\\\/\",\"name\":\"Bank of America Declares Preferred Stock Dividends - 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