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 …

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

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1 day ago · Bank of America Corp. 7.25% Non-Cum. Perp. Conv. Pfd. Series L. Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and …

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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 …

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Bank Of America 7.25% Non Cumulative Perpetual Conv Pref Series L

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Get the latest Bank of America 7.25% Non Cumulative Perpetual Conv Pref Series L (BAC-L) real-time quote, historical performance, charts, and other financial information to help you …

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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 …

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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 …

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Bank Of America: A Preferred Worth Holding - Seeking Alpha

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May 19, 2021 · The Bank of America 7.25% Series L Noncumulative Convertible Preferred , a legacy preferred from before the financial crisis, features a couple rather unique attributes not …

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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 …

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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 …

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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 trading on Monday, shares of Bank of America Corp.'s 6.625% Non-Cumulative Preferred Stock, Series I (NYSE: BAC.PRI) were yielding above the 6.5% mark based on its …

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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 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 …

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

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Jul 22, 2021 · In trading on Thursday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 5 (Symbol: BML.PRL) were yielding above the 4% mark …

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Bank Of America's Preferred Stock, Series HH Yield Pushes Past 5.5%

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

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

Are Bank of America's series L preferred shares a good investment?

Bank of America’s Series L preferred shares are not the highest available yield in the exchange traded preferred stock space but nonetheless offer a reasonably compelling yield without the risk of redemption common amongst preferred shares. ...

Are Bank of America's preferred shares a good investment?

Bank of America Corporation's Series L preferred shares offer a 6.4% yield and potential for capital gains if rates are cut in 2024. The bank's recent financial performance indicates that the preferred dividends are safe and the company can afford to make them. ...

Can bank of America call a series L preferred?

The Series L, trading with ( NYSE: BAC.PR.L) as ticker symbol, is a so-called "busted" preferred which cannot be called by Bank of America. The owner of the preferred shares has the option to convert the shares into 20 common shares, and if the underlying shares are trading at $65/share, Bank of America may force the conversion. ...

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. ...

Can bank of America force the conversion of preferred shares?

Bank of America may force the conversion of the preferred shares at its option but only if the common shares trade for more than 130% of the initial conversion price (i.e., $65 per share) for 20 of any 30 consecutive days. ...

Is Bank of America series L preferred better than Wells Fargo series L preferred?

In addition, for the same reason, the Bank of America Series L Preferred is in our view preferable to the comparable “busted” preferred from Wells Fargo Series L Preferred (WFC.PL). ...