JPMorgan Chase's Preferred Stock, Series P Shares Cross 6% Yield Mark

In trading on Thursday, shares of JPMorgan Chase & Co's 5.45% Non-Cumulative Preferred Stock, Series P (JPM. RA) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.3625), with shares changing hands as low as $22.64 on the day.