BAC-P-Q: BANK OF AMERICA CORP /DE/ 10% Series Q Preferred Stock
BANK OF AMERICA CORP /DE/'s BAC-P-Q is an exchange-traded preferred stock in the Banks sector.
At a recent price of $16.92, BAC-P-Q yields 6.28% on its $25 liquidation preference and 10% coupon.
It trades at a discount of 32.3% to par.
The issue is non-cumulative, perpetual (no stated maturity), convertible.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.