Bank of America Non-Cumulative Perpetual Convertible Preferred Stock, Series L Ex-Dividend Reminder

On 12/29/14, Bank of America Corp.'s 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L (NYSE: BAC.PRL) will trade ex-dividend, for its quarterly dividend of $18.125, payable on 1/30/15. As a percentage of BAC.PRL's recent share price of $1171.02, this dividend works out to approximately 1.55%, so look for shares of BAC.PRL to trade 1.55% lower — all else being equal — when BAC.PRL shares open for trading on 12/29/14. On an annualized basis, the current yield is approximate...