CHARLOTTE, N.C.--(BUSINESS WIRE)--Mar. 18, 2015--
Bank of America Corporation today announced the Board of Directors
authorized a regular quarterly cash dividend of $18.125 per share on the
7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock,
Series L. The dividend is payable on April 30 to shareholders of record
as of April 1.
The board also authorized a regular quarterly cash dividend of $0.40625
per share on the 6.50 percent Non-Cumulative Preferred Stock, Series Y.
The dividend is payable on April 27 to shareholders of record as of
And the board authorized a regular quarterly cash dividend of $32.50 per
share on the Fixed-to-floating Rate Non-Cumulative Preferred Stock,
Series Z. The dividend is payable on April 23 to shareholders of record
as of April 1.
Bank of America
Bank of America is one of the world's largest
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 48 million
consumer and small business relationships with approximately 4,800
retail banking offices and approximately 15,800 ATMs and award-winning
online banking with 31 million active users and approximately 17 million
mobile users. Bank of America is among the world's leading wealth
management companies and is a global leader in 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 in more than 40 countries. Bank of America
Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Visit the Bank of America newsroom for more Bank
of America news.
Source: Bank of America Corporation
Investors May Contact:
Lee McEntire, Bank of America, 1.980.388.6780
Blum, Bank of America (Fixed Income), 1.212.449.3112
Jerry Dubrowski, Bank of America, 1.980.388.2840