Bank of America's Preferred Stock, Series 4 Shares Cross 5% Yield Mark
March 25, 2019 at 14:19 PM EDT
In trading on Monday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 4 (BML. RJ) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.0222), with shares changing hands as low as $20.44 on the day.