BAC-P-E: BANK OF AMERICA CORP /DE/ 4.00% Series E Preferred Stock
BANK OF AMERICA CORP /DE/'s BAC-P-E is an exchange-traded preferred stock in the Banks sector.
At a recent price of $18.26, BAC-P-E yields 6.68% on its $25 liquidation preference and 4.00% coupon.
It trades at a discount of 27.0% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2011-11-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.