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Bank of America's Preferred Stock Series QQ Shares Cross 7% Yield Mark
Source: Nasdaq
Credit & Bond MarketsCapital Returns (Dividends / Buybacks)
Bank of America Series QQ preferred shares traded as low as $15.04 on Thursday, implying a yield above 7% based on the annualized quarterly dividend of $1.0625. The report provides no broader company update or stated market reaction.
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