CHARLOTTE, N.C.--(BUSINESS WIRE)--Jun. 19, 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 July 30 to shareholders of record
as of July 1.
The board also authorized a regular quarterly cash dividend of $0.40625
per depositary share on the 6.50 percent Non-Cumulative Preferred Stock,
Series Y. The dividend is payable on July 27 to shareholders of record
as of July 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 financial centers and approximately 15,900 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 all 50 states, the District of Columbia, the U.S.
Virgin Islands, Puerto Rico and more than 35 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.
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Source: Bank of America
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