On 12/10/14, Bank of America Corp.'s Trust Preferred Securities (NYSE: MER.PRK) will trade ex-dividend, for its quarterly dividend of $0.4031, payable on 12/15/14. As a percentage of MER.PRK's recent share price of $25.54, this dividend works out to approximately 1.58%, so look for shares of MER.PRK to trade 1.58% lower — all else being equal — when MER.PRK shares open for trading on 12/10/14. On an annualized basis, the current yield is approximately 6.31%, which compares to an average yiel...
On 12/10/14, Bank of America Corp.'s Trust Preferred Securities (NYSE: MER.PRK) will trade ex-dividend, for its quarterly dividend of $0.4031, payable on 12/15/14. As a percentage of MER.PRK's recent share price of $25.54, this dividend works out to approximately 1.58%, so look for shares of MER.PRK to trade 1.58% lower — all else being equal — when MER.PRK shares open for trading on 12/10/14. On an annualized basis, the current yield is approximately 6.31%, which compares to an average yiel...
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