Just noticed BAC.PRM hitting above 6% yield on Friday - that's the Bank of America preferred stock (Series KK) trading around $22.37. The annualized dividend works out to about $1.34 per share, which is pretty solid in the current rate environment. What caught my eye though is it's trading at a 9.72% discount to liquidation value, so there's some cushion there compared to the broader preferred stock category. One thing to watch: these shares are non-cumulative, so if BAC ever skips a dividend, they don't have to make it up before paying common shareholders. The preferred itself was down about 0.6% that day while the common stock dropped 2.8%, so there's usually less volatility in the preferred side. Seems worth tracking if you're looking for income-oriented positions in financials.