Bank of America's Preferred Stock, Series 1 Shares Cross 6% Yield Mark
January 31, 2025 at 14:10 PM EST
In trading on Friday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 1 (BML. RG) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.3814), with shares changing hands as low as $23.00 on the day.
