JPMorgan Chase Non-Cumulative Preferred Stock, Series P Crosses Above 5.5% Yield Territory

In trading on Wednesday, shares of JPMorgan Chase & Co's 5.45% Non-Cumulative Preferred Stock, Series P (JPM. RA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3625), with shares changing hands as low as $24.65 on the day.