Bank of America's Preferred Stock, Series 2 Shares Cross 6.5% Yield Mark
In trading on Thursday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 2 (Symbol: BML.PRH) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.3395), with shares changing hands as low as $20.52 on the day.
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