Bank Of America: 6% Yield On Preferred Shares, Still Interesting Despite Low Mark-Up
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Bank of America Corporation remains financially strong with a slight increase in non-performing loans. Its Series L preferred shares offer a 6% yield, making them attractive for income-focused investors, especially given potential future interest rate cuts.
January 11, 2025 | 5:00 pm
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Bank of America Corporation is financially robust with a slight increase in non-performing loans. The Series L preferred shares offer a 6% yield, appealing to income-focused investors, especially with potential future interest rate cuts.
The article highlights Bank of America's financial strength and the attractive 6% yield on its Series L preferred shares. This yield is appealing to income investors, especially in the context of potential future interest rate cuts, which could enhance the attractiveness of fixed-income investments.
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