Cash Dividend On The Way From Bank of America Corp.'s 6% Capital Securities

On 11/20/13, Bank of America Corp.'s 6% Capital Securities (NYSE: BAC.PRZ) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 11/25/13. As a percentage of BAC.PRZ's recent share price of $24.90, this dividend works out to approximately 1.51%, so look for shares of BAC.PRZ to trade 1.51% lower -- all else being equal -- when BAC.PRZ shares open for trading on 11/20/13. On an annualized basis, the current yield is approximately 6.04%, which compares to an average yield of 5.8...