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Home/News Feed/Bank of America preferred shares yield 6.6%, offering stable income amid strong bank performance.
BAC
$61.72
-$1.45 -2.30%

Bank of America preferred shares yield 6.6%, offering stable income amid strong bank performance.

Market News
23 Aug 2026
Seeking Alpha
View Source
Bullish
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Bank of America (BAC) preferred shares Series NN and QQ currently yield 6.6%, providing an attractive income option compared to long-term U.S. Treasuries. The bank's solid operating results, including rising net interest income and steady loan growth, support the safety of these preferred dividends. While there are risks such as shrinking loan loss allowances and sensitivity to long-term interest rates, BAC's status as a "too big to fail" institution offers additional investor confidence. Income-focused investors seeking higher yields and stability may consider BAC.PR.O and BAC.PR.Q preferred shares for their long-term portfolios.

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Berkshire's Greg Abel cuts $1.7B Bank of America stake, adds $1.6B in Delta Air Lines.

Berkshire's Greg Abel cuts $1.7B Bank of America stake, adds $1.6B in Delta Air Lines.

Greg Abel, Warren Buffett's successor at Berkshire Hathaway, reduced the company's investment in Bank of America by $1.7 billion. At the same time, he increased the stake in Delta Air Lines by $1.6 billion. This shift in portfolio allocation highligh...

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