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Bank of America's Preferred Stock, Series 4 Crosses Above 4% Yield Territory

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.
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