BML-P-H: Bank Of America Corp 3% Series H Preferred Stock
Bank Of America Corp's BML-P-H is an exchange-traded preferred stock in the Banking & Savings sector.
At a recent price of $18.57, BML-P-H yields 4.04% on its $25 liquidation preference and 3% coupon.
It trades at a discount of 25.7% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2009-11-28.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.