BAC-P-B: BANK OF AMERICA CORP /DE/ 6% Series GG Preferred Stock
BANK OF AMERICA CORP /DE/'s BAC-P-B is an exchange-traded preferred stock in the Banks sector.
At a recent price of $24.58, BAC-P-B yields 6.10% on its $25 liquidation preference and 6% coupon.
It trades at a discount of 1.7% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2023-05-16.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.