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Bank of America's Preferred Stock, Series 4 Yield Pushes Past 6%
Source: Nasdaq
Capital Returns (Dividends / Buybacks)Banking & LiquidityCredit & Bond Markets
Bank of America Series 4 floating-rate preferred shares (BML.PRJ) yielded above 6% on Wednesday, based on a quarterly dividend annualized to $1.1945. The shares traded as low as $19.54; the article reported no dividend change or broader market reaction.
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