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Ex-Div Reminder for Bank of America Corp.'s Trust Preferred Securities

2015-03-10 02:27:18| Paper - Topix.net

Corp.'s Trust Preferred Securities will trade ex-dividend, for its quarterly dividend of $0.4031, payable on 3/16/15. As a percentage of MER.PRK's recent share price of $25.71, this dividend works out to approximately 1.57%, so look for shares of MER.PRK to trade 1.57% lower - all else being equal - when MER.PRK shares open for trading on 3/11/15.

Tags: america bank preferred trust

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