Bank of America's Preferred Stock, Series 2 Crosses Above 3.5% Yield Territory
December 29, 2020 at 15:20 PM EST
In trading on Tuesday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 2 (BML. RH) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $0.7667), with shares changing hands as low as $21.89 on the day.