Bank of America's Preferred Stock, Series 5 Shares Cross 4% Yield Mark
October 27, 2021 at 14:04 PM EDT
In trading on Wednesday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 5 (BML. RL) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.0222), with shares changing hands as low as $25.54 on the day.
