Bank of America Non-Cumulative Preferred Stock, Series 3 Ex-Dividend Reminder

On 11/13/13, Bank of America Corp.'s 6.375% Non-Cumulative Preferred Stock, Series 3 (NYSE: BML.PRI) will trade ex-dividend, for its quarterly dividend of $0.3984, payable on 11/29/13. As a percentage of BML.PRI's recent share price of $24.00, this dividend works out to approximately 1.66%, so look for shares of BML.PRI to trade 1.66% lower -- all else being equal -- when BML.PRI shares open for trading on 11/13/13. On an annualized basis, the current yield is approximately 6.64%, which compares...