On 7/30/20, Bank of America Corp’s 6.000% Non-Cumulative Most well-liked Stock, Collection GG (Image: BAC.PRB) will commerce ex-dividend, for its quarterly dividend of $0.375, payable on 8/17/20. As a proportion of BAC.PRB’s current share price of $27.48, this dividend works out to roughly 1.36%, so search for shares of BAC.PRB to commerce 1.36% decrease — all else being equal — when BAC.PRB shares open for buying and selling on 7/30/20. On an annualized foundation, the present yield is roughly 5.46%, which compares to a mean yield of 5.63% within the “Monetary” most well-liked stock class, based on Most well-liked Stock Channel.
The chart under reveals the one 12 months efficiency of BAC.PRB shares, versus BAC:
Under is a dividend historical past chart for BAC.PRB, exhibiting historic dividends previous to the latest $0.375 on Bank of America Corp’s 6.000% Non-Cumulative Most well-liked Stock, Collection GG :
In Tuesday buying and selling, Bank of America Corp’s 6.000% Non-Cumulative Most well-liked Stock, Collection GG (Image: BAC.PRB) is at the moment buying and selling flat on the day, whereas the frequent shares (Image: BAC) are up about 0.6%.
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
