BankAmerica Dividends Declared.SAN FRANCISCO--(BUSINESS WIRE)--Oct. 30, 1995--Quarterly dividends for BankAmerica Corporation's (BAC BAC abbr. blood alcohol concentration ) common and preferred stocks Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. were declared by the corporation's Board of Directors at its meeting in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. yesterday. The amounts, unchanged from the previous quarter, were: -0- $.046 per share for common stock; $0.8125 per share for Series A preferred stock; $1.50 per share for Series B preferred stock; $0.60156 per share for Series F preferred stock; $0.5625 per share for Series H preferred stock; $13.75 per share for Series J preferred stock; $0.52344 per share for Series K preferred stock; $10.20 per share for Series L preferred stock; $9.84375 per share for Series M preferred stock; $10.625 per share for Series N preferred stock. -0- The common stock dividends will be paid on December 14, 1995 to shareholders of record on November 22, 1995. Dividends on the eight series of preferred stock, A, B, F, H, K, L, M, and N will be paid on November 30, 1995 to shareholders of record on November 16, 1995. The dividends on the Series J preferred stock will be paid on December 31, 1995 to shareholders of record on December 15, 1995. Each holder of a depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. share of Preferred Series J, L, M, or N is entitled to receive one-twentieth of the declared dividend declared dividend A dividend authorized by a firm's board of directors. At the time a dividend is declared, the firm creates a liability for the dividend's payment. . CONTACT: BankAmerica Peter Magnani, 415/953-2418 |
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