Bank of America's Preferred Stock, Series L Ex-Dividend Reminder - 10/1/26

On 10/1/26, Bank of America Corp's 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L (Symbol: BAC.PRL) will trade ex-dividend, for its quarterly dividend of $18.125, payable on 10/30/26. As a percentage of BAC.PRL's recent share price of $1221.99, this dividend works out to approximately 1.48%, so look for shares of BAC.PRL to trade 1.48% lower — all else being equal — when BAC.PRL shares open for trading on 10/1/26. On an annualized basis, the current yield is approximately 5.93%, which compares to an average yield of 7.08% in the "Financial" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BAC.PRL shares, versus BAC: Below is a dividend history chart for BAC.