Bank of America Corp (NYSE: BAC)’s board of directors has authorized paying dividends on various classes of preferred stock.
Here are the details:
A quarterly cash dividend of $0.38775 per depositary share on the 6.204 percent Non-Cumulative Preferred Stock, Series D, is payable on September 14, 2010 to shareholders of record as of August 31, 2010.
A quarterly cash dividend of $0.5125 per depositary share on the 8.20 percent Non-Cumulative Preferred Stock, Series H, is payable on August 2, 2010 to shareholders of record as of July 15, 2010.
A quarterly cash dividend of $0.4140625 per depositary share on the 6.625 percent Non-Cumulative Preferred Stock, Series I, is payable on October 1, 2010 to shareholders of record as of September 15, 2010.
A quarterly cash dividend of $0.453125 per depositary share on the 7.25 percent Non-Cumulative Preferred Stock, Series J, is payable on August 2, 2010 to shareholders of record as of July 15, 2010.
A semi-annual cash dividend of $40.000 per depositary share on the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K, is payable on July 30, 2010 to shareholders of record as of July 15, 2010.
A quarterly cash dividend of $0.191670 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series 1, is payable on August 31, 2010 to shareholders of record as of August 15, 2010.
A quarterly cash dividend of $0.191670 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series 2, is payable on August 31, 2010 to shareholders of record as of August 15, 2010.
A quarterly cash dividend of $0.3984375 per depositary share on the 6.375 percent Non-Cumulative Preferred Stock, Series 3, is payable on August 30, 2010 to shareholders of record as of August 15, 2010.
A quarterly cash dividend of $0.255560 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series 4, is payable on August 31, 2010 to shareholders of record as of August 15, 2010.
A quarterly cash dividend of $0.255560 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series 5, is payable on August 23, 2010 to shareholders of record as of August 1, 2010.
A quarterly cash dividend of $0.418750 per depositary share on the 6.70 percent Noncumulative Perpetual Preferred Stock, Series 6, is payable on September 30, 2010 to shareholders of record as of September 15, 2010.
A quarterly cash dividend of $0.390625 per depositary share on the 6.25 percent Noncumulative Perpetual Preferred Stock, Series 7, is payable on September 30, 2010 to shareholders of record as of September 15, 2010.
A quarterly cash dividend of $0.5390625 per depositary share on the 8.625 percent Non-Cumulative Preferred Stock, Series 8, is payable on August 31, 2010 to shareholders of record as of August 15, 2010.
The Merrill Lynch board of directors declared the following dividends on Merrill Lynch preferred stock:
A quarterly cash dividend of $2,250 per share on the Merrill Lynch 9 percent Mandatory Convertible Non-Cumulative Preferred Stock, Series 2, is payable on August 30, 2010 to shareholders of record as of August 15, 2010.
A quarterly cash dividend of $2,250 per share on the Merrill Lynch 9 percent Mandatory Convertible Non-Cumulative Preferred Stock, Series 3, is payable on August 30, 2010 to shareholders of record as of August 15, 2010.
