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BAC-K Bank of America ADRs of 5.875% Non- Cumulative Preferred Series HH

Holders of the Preferred Stock will be entitled to receive, only when, as, and if declared by our board of directors or a duly authorized committee of our board, and to the extent we have funds legally available for the payment of dividends, cash dividends at a rate equal to 5.875% per annum (equivalent to $1.46875 per depositary share per annum). When, as, and if declared by our board of directors or a duly authorized committee of our board, we will pay the quarterly dividend payments, in arrears, on January 24, April 24, July 24, and October 24 of each year beginning on October 24, 2018. Dividends on the Preferred Stock will not be cumulative. We may at our option redeem the Preferred Stock at any time on or after July 24, 2023, in whole or in part, at a redemption price equal to $25 per depositary share, plus any accrued and unpaid dividends for the then-current dividend period to, but excluding, the redemption date, without accumulation of any undeclared dividends.   This security was issued by Bank of America Corp, whose common stock symbol is BAC.

$24.30  +0.14 (0.58%)
As of 03/27/2023 11:20:17 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Banks—Diversified
Index country:  USA
Country of incorporation:  USA
IPO date:  07/18/2018
Outstanding shares:  15,389,726
Average volume:  100,538
Market cap:   $376,124,903
Current dividend yield:  6.01%    calculation
Coupon rate:    5.875%
Cumulative:    No
Liquidation value:   $25.00
Callable after:   07/24/2023
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BYVQZ09

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