Bank of America's Preferred Stock, Series GG Crosses Above 5.5% Yield Territory
May 12, 2021 at 14:21 PM EDT
In trading on Wednesday, shares of Bank of America Corp's 6.000% Non-Cumulative Preferred Stock, Series GG (BAC. RB) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $27.02 on the day.
