On 8/31/20, Bank of America Corp’s 5.000% Non-Cumulative Most well-liked Stock, Collection LL (Image: BAC.PRN) will commerce ex-dividend, for its quarterly dividend of $0.3125, payable on 9/17/20. As a share of BAC.PRN’s current share price of $27.14, this dividend works out to roughly 1.15%, so search for shares of BAC.PRN to commerce 1.15% decrease — all else being equal — when BAC.PRN shares open for buying and selling on 8/31/20. On an annualized foundation, the present yield is roughly 4.62%, which compares to a mean yield of 5.48% within the “Monetary” most well-liked stock class, in line with Most well-liked Stock Channel.
The chart beneath reveals the one 12 months efficiency of BAC.PRN shares, versus BAC:
Beneath is a dividend historical past chart for BAC.PRN, exhibiting historic dividends previous to the newest $0.3125 on Bank of America Corp’s 5.000% Non-Cumulative Most well-liked Stock, Collection LL :
In Thursday buying and selling, Bank of America Corp’s 5.000% Non-Cumulative Most well-liked Stock, Collection LL (Image: BAC.PRN) is at the moment up about 0.2% on the day, whereas the widespread shares (Image: BAC) are up about 1.7%.
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