BAC-Q Bank of America ADRs of 4.250% Non-Cumulative Preferred, Series QQ
Non-cumulative cash dividends, payable in arrears at a fixed rate equal to 4.250% per annum (equivalent to $1.0625 per depositary share per annum). When, as, and if declared by our board of directors or a duly authorized committee thereof, we will make quarterly dividend payments, in arrears, on February 17, May 17, August 17, and November 17 of each year beginning on February 17, 2022. We may at our option, as described herein, redeem the Preferred Stock at any time on or after November 17, 2026, in whole or in part, at a redemption price equal to $25,000 per share (equivalent 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.
$18.27 +0.21 (1.16%)
As of 03/27/2023 11:21:35 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: 10/20/2021
Outstanding shares: 52,000,000
Average volume: 64,434
Market cap: $985,400,000
Current dividend yield: 5.61% calculation
Coupon rate: 4.250%
Cumulative: No
Liquidation value: $25.00
Callable after: 11/17/2026
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: