Bank of America's Preferred Stock, Series 4 Shares Cross 4% Yield Mark
September 16, 2020 at 14:15 PM EDT
In trading on Wednesday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 4 (BML. RJ) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.0222), with shares changing hands as low as $25.05 on the day.