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Bank of America declares dividends

Bank of America Corp. today said its board of directors has authorized dividends on preferred stock.

The Charlotte-based company has declared:

• a quarterly cash dividend of 38 cents per depositary share on the 6.204 percent Noncumulative Preferred Stock, Series D, payable June 14 to shareholders of record as of May 31;

• a quarterly cash dividend of 24 cents per depositary share on the Floating Rate Noncumulative Preferred Stock, Series E, payable May 16 to shareholders of record as of April 29, 2011;

• a quarterly cash dividend of 51 cents per depositary share on the 8.20 percent Noncumulative Preferred Stock, Series H, payable May 2 to shareholders of record as of April 15;

• a quarterly cash dividend of 41 cents per depositary share on the 6.625 percent Noncumulative Preferred Stock, Series I, payable July 1 to shareholders of record as of June 15;

• a quarterly cash dividend of 45 cents per depositary share on the 7.25 percent Noncumulative Preferred Stock, Series J, payable May 2 to shareholders of record as of April 15;

• a semi-annual cash dividend of $40.62 per depositary share on the Fixed-to-Floating Rate Noncumulative Preferred Stock, Series M, payable May 16 to shareholders of record as of April 30;

• a quarterly cash dividend of 18 cents per depositary share on the Floating Rate Noncumulative Preferred Stock, Series 1, payable May 31 to shareholders of record as of May 15;

• a quarterly cash dividend of 18 cents per depositary share on the Floating Rate Noncumulative Preferred Stock, Series 2, payable May 31 to shareholders of record as of May 15;

• a quarterly cash dividend of 39 cents per depositary share on the 6.375 percent Noncumulative Preferred Stock, Series 3, payable May 31, 2011 to shareholders of record as of May 15;<

• a quarterly cash dividend of 24 cents per depositary share on the Floating Rate Noncumulative Preferred Stock, Series 4, payable May 31 to shareholders of record as of May 15;

• a quarterly cash dividend of 24 cents per depositary share on the Floating Rate Noncumulative Preferred Stock, Series 5, payable May 23 to shareholders of record as of May 1;

• a quarterly cash dividend of 41 cents per depositary share on the 6.7 percent Noncumulative Perpetual Preferred Stock, Series 6, payable June 30 to shareholders of record as of June 15;

• a quarterly cash dividend of 39 cents per depositary share on the 6.25 percent Noncumulative Perpetual Preferred Stock, Series 7, payable June 30 to shareholders of record as of June 15; and

• a quarterly cash dividend of 53 cents per depositary share on the 8.625 percent Noncumulative Preferred Stock, Series 8, payable May 31 to shareholders of record as of May 15.

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