BANK OF AMERICA

Investor Relations

Bank of America Declares Dividends on Series L, Y, CC and EE Preferred Stock

Printer Friendly Version View printer-friendly version
<< Back

CHARLOTTE – Bank of America Corporation today announced the Board ofDirectors authorized a regular quarterly cash dividend of $18.125 per share on the7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L. Thedividend is payable on August 1 to shareholders of record as of July 1.

The board authorized a regular quarterly cash dividend of $0.40625 per depositaryshare on the 6.50 percent Non-Cumulative Preferred Stock, Series Y. The dividendis payable on July 27 to shareholders of record as of July 1.

The board authorized a regular quarterly cash dividend of $0.3875 per depositaryshare on the 6.20 percent Non-Cumulative Preferred Stock, Series CC. The dividendis payable on July 29 to shareholders of record as of July 1.

The board authorized a regular quarterly cash dividend of $0.375 per depositaryshare on the 6.00 percent Non-Cumulative Preferred Stock, Series EE. The dividendis payable on July 25 to shareholders of record as of July 1.

Bank of America

Bank of America is one of the world's leading financial institutions, serving individualconsumers, small and middle-market businesses and large corporations with a fullrange of banking, investing, asset management and other financial and riskmanagement products and services. The company provides unmatchedconvenience in the United States, serving approximately 47 million consumer andsmall business relationships with approximately 4,700 retail financial centers,approximately 16,000 ATMs, and award-winning online banking with approximately33 million active users and approximately 20 million mobile users. Bank of Americais a global leader in wealth management, corporate and investment banking andtrading across a broad range of asset classes, serving corporations, governments,institutions and individuals around the world. Bank of America offers industry-leadingsupport to approximately 3 million small business owners through a suite ofinnovative, easy-to-use online products and services. The company serves clientsthrough 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.

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:
Jerry Dubrowski, Bank of America, 1.980.388.2840
jerome.f.dubrowski@bankofamerica.com