Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 2 Crosses Above 3.5% Yield Territory
September 19, 2018 at 14:12 PM EDT
In trading on Wednesday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 2 (BML. RH) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $0.7667), with shares changing hands as low as $21.85 on the day.