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  • Bank of America Declares Quarterly Dividend on Series L Preferred Stock

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    Friday Dec 17, 2010 at 10:29 am EST
     
    Bank of America Corp. (BAC) Declares Quarterly Dividend on Series L Preferred Stock  
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    Bank of America Corporation today announced the Board of Directors authorized a regular quarterly dividend of $18.125 per share on the 7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on January 31, 2011 to shareholders of record as of January 1, 2011.


    Shares of Bank of America Corp. (NYSE:BAC) are trading at $12.61 currently on Friday above resistance level of $12.51. Major support points below are at $11.81 and at $11.2. Resistance levels above are $13.25, $13.67, $14.11 and $15.26.
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