BAC-P-N: BANK OF AMERICA CORP /DE/ 5% Series LL Preferred Stock
BANK OF AMERICA CORP /DE/'s BAC-P-N is an exchange-traded preferred stock in the Banks sector.
At a recent price of $19.58, BAC-P-N yields 6.38% on its $25 liquidation preference and 5% coupon.
It trades at a discount of 21.7% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2024-09-17.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.