BAC-P-K: BANK OF AMERICA CORP /DE/ 5.875% Series HH Preferred Stock
BANK OF AMERICA CORP /DE/'s BAC-P-K is an exchange-traded preferred stock in the Banks sector.
At a recent price of $23.99, BAC-P-K yields 6.12% on its $25 liquidation preference and 5.875% coupon.
It trades at a discount of 4.0% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2023-07-24.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.