Bank of America Corp 5.375% Non-Cumulative Preferred Stock, Series KK

By: ,

Date Issued  6/18/2019

Shares Issued 53,000,000   Overallotment Shares  None

Security Ticker Symbol   BAC-M    OTC Temp Ticker   BAMKL


Market Traded ON   NYSE

Dividend Payment Paid on the 25th of March, June, September and December beginning on 9/25/2019

Quarterly Dividend  .336  Annual Dividend   1.344

Securities may be redeemed, at the issuers option, as early as 6/25/2024  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

Tim McPartland

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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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