Bank of America's Preferred Stock, Series 4 Crosses Above 4% Yield Territory
July 21, 2021 at 14:08 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 $25.50 on the day.