Bank of America's Preferred Stock, Series E Shares Cross 4.5% Yield Mark
September 23, 2014 at 14:08 PM EDT
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 4.5% mark based on its quarterly dividend (annualized to $1.0222), with shares changing hands as low as $22.56 on the day.