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 6% mark based on its quarterly dividend (annualized to $1.4688), with shares changing hands as low as $24.45 on the day. This compares to an average yield of 6.77% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, BAC.PRK was trading at a 1.24% discount to its liquidation preference amount, versus the average discount of 11.00% in the "Financial" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.
CPG Dividend History
SMG Historical Stock Prices
Below is a dividend history chart for BAC.PRK, showing historical dividend payments on Bank of America Corp's 5.875% Non-Cumulative Preferred Stock, Series HH :
In Monday trading, Bank of America Corp's 5.875% Non-Cumulative Preferred Stock, Series HH (Symbol: BAC.PRK) is currently down about 1% on the day, while the common shares (Symbol: BAC) are up about 0.5%.
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Also see:
AMRH YTD Return CPG Dividend History
SMG Historical Stock Prices
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