Bank of America Corp.'s Floating Rate Non-Cumulative Preferred Stock, Series 5 Yield Pushes Past 5%

In trading on Thursday, shares of Bank of America Corp.'s Floating Rate Non-Cumulative Preferred Stock, Series 5 (BML. RL) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.0222), with shares changing hands as low as $20.44 on the day.