Bank of America's Preferred Stock, Series E Shares Cross 6% Yield Mark
November 12, 2024 at 14:29 PM EST
In trading on Tuesday, 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 $1.4642), with shares changing hands as low as $24.34 on the day.
