Bank of America 5.875% Non-Cumulative Preferred Stock, Series HH

By: ,

Date Issued  7/17/2018

Shares Issued 34,160,000   Overallotment Shares  None

S&P Rating   BBB-   Moodys Rating   Ba1


Security Ticker Symbol   BAC-K    OTC Temp Ticker   BKAML

Market Traded ON   NYSE

Dividend Payment Paid on the 24th of January, April, July and October beginning on 10/24/2018

Quarterly Dividend   .367   Annual Dividend   1.469

Securities may be redeemed, at the issuers option, as early as 7/24/2023  for a redemption price of $25/share plus accrued dividends

Dividend Payment Will Likely be a Qualified Distributions

Maturity Date   None


Company Investor Relations Page for Bank of America


Click here to find the offering Prospectus and Final Pricing Document


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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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