Bank of America's Preferred Stock, Series KK Shares Cross 5% Yield Mark
February 25, 2020 at 14:22 PM EST
In trading on Tuesday, shares of Bank of America Corp's 5.375% Non-Cumulative Preferred Stock, Series KK (BAC. RM) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.3438), with shares changing hands as low as $26.78 on the day.