JPMorgan Chase: JPMorgan Chase's Preferred Stock Series MM Crosses Above 6% Yield Territory

In trading on Friday, shares of JPMorgan Chase & Co's 4.20% Dep Shares Non-Cumulative Preferred Stock Series MM (Symbol: JPM.PRM) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.05), with shares changing hands as low as $17.50 on the day.