Bank of America's Preferred Stock, Series E Crosses Above 6% Yield Territory
February 03, 2023 at 15:00 PM EST
In trading on Friday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series E (BAC. RE) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.2666), with shares changing hands as low as $21.09 on the day.