Bank of America's Floating Rate Non-Cumulative Preferred Stock, Series 2 Ex-Dividend Reminder

On 5/13/13, Bank of America Corp.'s Floating Rate Non-Cumulative Preferred Stock, Series 2 (NYSE: BML.PRH) will trade ex-dividend, for its quarterly dividend of $0.1854, payable on 5/28/13. As a percentage of BML.PRH's recent share price of $22.31, this dividend works out to approximately 0.83%, so look for shares of BML.PRH to trade 0.83% lower -- all else being equal -- when BML.PRH shares open for trading on 5/13/13. On an annualized basis, the current yield is approximately 3.32%, which comp...