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Bank of America's Preferred Stock, Series KK Shares Cross 5% Yield Mark

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.
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