Bank of America's Preferred Stock, Series L Yield Pushes Past 6%

Dec 19, 2024 · In trading on Thursday, shares of Bank of America Corp's 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L (Symbol: BAC.PRL) were yielding above the 6% mark based on its ...

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Bank Of America's Preferred Stock, Series L Yield Pushes Past 6%

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Bank Of America's Preferred Stock, Series L Yield Pushes Past 6.5%

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In trading on Monday, shares of Bank of America Corp's 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L (NYSE:BAC.PRL) were yielding above the 6.5% mark …

preferredstockchannel.com

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Bank Of America Corp. 7.25% Non-Cum. Perp. Conv. Pfd. Series L

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4 days ago · Yield 5.98%; Dividend $18. ... The New York Stock Exchange said Tuesday that 40 stocks whose trading was delayed by a systems problem were in the process of opening. ...

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Bank Of America Corp's Preferred Stock, Series LL Yield Pushes …

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In trading on Tuesday, shares of Bank of America Corp's 5.000% Non-Cumulative Preferred Stock, Series LL (NYSE:BAC.PRN) were yielding above the 6% mark based on its quarterly …

preferredstockchannel.com

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Bank Of America 6% Preferred Stock: Fed Not Cutting = Rating …

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May 12, 2024 · My opinion on another Bank of America security has changed, however: The 6.2% yielding Series 'L' Preferred Shares (NYSE:BAC.PR.L). My coverage of these shares has …

seekingalpha.com

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Bank Of America's Preferred Stock, Series L Shares Cross 5.5% Yield …

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In trading on Friday, shares of Bank of America Corp's 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L (NYSE:BAC.PRL) were yielding above the 5.5% mark …

preferredstockchannel.com

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Bank Of America's Preferred Stock, Series L Yield Pushes Past 6%

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Jul 29, 2024 · In trading on Monday, shares of Bank of America Corp's 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L (Symbol: BAC.PRL) were yielding above the …

nasdaq.com

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Bank Of America Declares Preferred Stock Dividends For First …

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Dec 16, 2024 · Series of Preferred Stock Dividend per Share or Depositary Share [1] Record Date Payment Date; 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L: …

bankofamerica.com

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Bank Of America's Preferred Stock, Series I Yield Pushes Past 6.5

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Jun 15, 2015 · In Monday trading, Bank of America Corp.'s 6.625% Non-Cumulative Preferred Stock, Series I (NYSE: BAC.PRI) is currently off about 0.5% on the day, while the common …

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Bank Of America Corp's Preferred Stock, Series LL Yield Pushes …

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Nov 29, 2022 · In trading on Tuesday, shares of Bank of America Corp's 5.000% Non-Cumulative Preferred Stock, Series LL (Symbol: BAC.PRN) were yielding above the 6% mark based on its …

nasdaq.com

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Bank Of America's Preferred Stock, Series L Shares Cross 6% Yield …

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May 20, 2022 · In trading on Friday, shares of Bank of America Corp's 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L (Symbol: BAC.PRL) were yielding above the …

nasdaq.com

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Bank Of America's Preferred Stock, Series 2 Yield Pushes Past 7%

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Jul 19, 2024 · In trading on Friday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 2 (NYSE:BML.PRH) were yielding above the 7% mark …

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Bank Of America's Preferred Stock, Series L Crosses Above 5% Yield ...

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Jul 19, 2021 · In trading on Monday, shares of Bank of America Corp's 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L (Symbol: BAC.PRL) were yielding above the …

nasdaq.com

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Bank Of America's Preferred Stock, Series 5 Shares Cross 4% Yield …

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In trading on Wednesday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 5 (NYSE:BML.PRL) were yielding above the 4% mark based on its …

preferredstockchannel.com

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Bank Of America's Preferred Stock, Series 5 Yield Pushes Past 4%

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Jul 22, 2021 · In Thursday trading, Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 5 (Symbol: BML.PRL) is currently down about 0.6% on the day, while …

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Bank Of America's Preferred Stock, Series HH Yield Pushes Past

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Oct 4, 2021 · In trading on Monday, shares of Bank of America Corp's 5.875% Non-Cumulative Preferred Stock, Series HH (Symbol: BAC.PRK) were yielding above the 5.5% mark based on …

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FAQs about Bank of America's Preferred Stock, Series L Yield Pushes Past 6% Coupon?

Who issued a series of preferred stock?

(1) Each series of preferred stock was issued by Bank of America Corporation (the "Corporation"). The final prospectus supplement for each series, if available, is hyperlinked in first column of the table above. ...

Is BAC PRL a 'financial' preferred stock?

This compares to an average yield of 5.92% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, BAC.PRL was trading at a 21.90% premium to its liquidation preference amount, versus the average discount of 9.17% in the "Financial" category. ...

Are Bank of America preferred shares a good investment?

Although Bank of America’s preferred shares are promising, there are many risks and challenges facing those who invest in them. These include: Interest rate hikes. Currently, the Fed is expected to cut rates in 2024. If the Fed reverses course and raises rates instead, then the value of BAC.PR.L’s dividends will decline. ...

How much does BofA's series 'L' preferred stock pay per quarter?

BofA’s Series ‘L’ preferreds pay $18.125 in dividends per quarter. That works out to $72.50 per year. As I wrote in the previous paragraph, BAC.PR.L’s status as a preferred stock means that it enjoys payment priority above common stocks but behind bonds and deposits. The BBB credit spread is currently 1.28%. ...

Is Bank of America's liquidity coverage proof that preferred shares are safe?

In the previous section, I touted Bank of America’s liquidity coverage as proof that its preferred shares are relatively safe. In this section I will explore that point in more detail. Bank of America had the following highly liquid assets at the end of the last reported quarter: $323 billion in treasury securities at fair value. ...

Does Bank of America Corp stock pay dividends?

Below is a dividend history chart for BAC.PRL, showing historical dividend payments on Bank of America Corp's 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L: ...