CHARLOTTE, N.C., Jan. 5 /PRNewswire/ -- Bank of America Corporation today
announced the Board of Directors has authorized dividends on preferred stock.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b )
A quarterly cash dividend of $0.38775 per depositary share on the 6.204
percent Non-Cumulative Preferred Stock, Series D, is payable on March 16, 2009
to shareholders of record as of February 27, 2009.
A quarterly cash dividend of $0.25556 per depositary share on the Floating
Rate Non-Cumulative Preferred Stock, Series E, is payable on February 17, 2009
to shareholders of record as of January 30, 2009.
A quarterly cash dividend of $0.5125 per depositary share on the 8.20
percent Non-Cumulative Preferred Stock, Series H, is payable on February 2,
2009 to shareholders of record as of January 15, 2009.
A quarterly cash dividend of $0.4140625 per depositary share on the 6.625
percent Non-Cumulative Preferred Stock, Series I, is payable on April 1, 2009
to shareholders of record as of March 15, 2009.
A quarterly cash dividend of $0.453125 per depositary share on the 7.25
percent Non-Cumulative Preferred Stock, Series J, is payable on February 2,
2009 to shareholders of record as of January 15, 2009.
A semi-annual cash dividend of $40.00 per depositary share on the Fixed-
to-Floating Rate Non-Cumulative Preferred Stock, Series K, is payable January
30, 2009 to shareholders of record as of January 15, 2009.
The initial cash dividend of $371.53 per share, or a total of
approximately $223 million, on the Fixed-Rate Cumulative Perpetual Preferred
Stock, Series N, is payable on February 17, 2009 to the shareholder of record
as of January 31, 2009. This is the first quarterly dividend payment to the
U.S. Department of the Treasury, the shareholder of record, related to the
federal government's $15 billion investment in Bank of America Corporation
made under the Capital Purchase Program of the Troubled Asset Relief
legislation.
A quarterly cash dividend of 0.19167 per depositary share on the Floating
Rate Non-cumulative Preferred Stock, Series 1, is payable on February 27,
2009, to shareholders of record as of February 15, 2009.
A quarterly cash dividend of 0.19167 per depositary share on the Floating
Rate Non-Cumulative Preferred Stock, Series 2, is payable on February 27,
2009, to shareholders of record as of February 15, 2009.
A quarterly cash dividend of 0.3984375 per depositary share on the 6.375
percent Non-Cumulative Preferred Stock, Series 3, is payable on March 2, 2009,
to shareholders of record as of February 15, 2009.
A quarterly cash dividend of 0.25556 per depositary share on the Floating
Rate Non-cumulative Preferred Stock, Series 4, is payable on February 27,
2009, to shareholders of record as of February 15, 2009.
A quarterly cash dividend of 0.25556 per depositary share on the Floating
Rate Non-cumulative Preferred Stock, Series 5, is payable on February 23,
2009, to shareholders of record as of February 1, 2009.
A quarterly cash dividend of 0.41875 per depositary share on the 6.70
percent Noncumulative Perpetual Preferred Stock, Series 6, is payable on March
30, 2009, to shareholders of record as of March 15, 2009.
A quarterly cash dividend of 0.390625 per depositary share on the Floating
Rate Noncumulative Perpetual Preferred Stock, Series 7, is payable on March
30, 2009, to shareholders of record as of March 15, 2009.
A quarterly cash dividend of 0.5390625 per depositary share on the 8.625
percent Non-cumulative Preferred Stock, Series 8, is payable on March 2, 2009,
to shareholders of record as of February 15, 2009.
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 more than 59
million consumer and small business relationships with more than 6,100 retail
banking offices, more than 18,000 ATMs and award-winning online banking with
more than 25 million active users. Bank of America offers industry leading
support to more than 4 million small business owners through a suite of
innovative, easy-to-use online products and services. The company serves
clients in more than 150 countries and has relationships with 99 percent of
the U.S. Fortune 500 companies and 83 percent of the Fortune Global 500. Bank
of America Corporation stock (NYSE: BAC) is a component of the Dow Jones
Industrial Average and is listed on the New York Stock Exchange.
www.bankofamerica.com
SOURCE Bank of America Corporation