Bank of America Corp (NYSE: BAC) announced a regular quarterly dividend on June 17th.
The company’s Board of Directors authorized a regular quarterly 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, 2010 to shareholders of record as of July 1, 2010.
Bank of America Corporation is a bank holding company, and a financial holding company. The Company is a financial institution, serving individual consumers, small and middle market businesses, large corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services.
Shares of Bank of America Corp (NYSE: BAC) opened at $15.82 on Monday.
