Bank of America's Preferred Stock Series QQ Yield Pushes Past 5.5%
August 22, 2024 at 14:27 PM EDT
In trading on Thursday, shares of Bank of America Corp's 4.250% Dep Shares Non-Cumul Preferred Stock Series QQ (BAC. RQ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.0625), with shares changing hands as low as $19.31 on the day.
