BML-P-J: Bank Of America Corp 4% Series J Preferred Stock
Bank Of America Corp's BML-P-J is an exchange-traded preferred stock in the Banking & Savings sector.
At a recent price of $19.50, BML-P-J yields 6.84% on its $25 liquidation preference and 4% coupon.
It trades at a discount of 22.0% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2010-11-28.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.