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General Mills, Inc. (NYSE:GIS) has been delivering dividend distributions for 120 years and the company currently offers its shareholders a streak of 15 consecutive annual dividend hikes as well as an above-average yield. In addition to a long streak of annual dividend hikes, the current dividend yield is holding substantially higher than company’s own five-year average. Also, General Mills’ current yield…

Date Issued 4/3/2019 Shares Issued 1,700,000   Over-allotment Shares 255,000 S&P Rating   NR   Moodys Rating   NR Security Ticker Symbol OXSQZ Market Traded ON   NASDAQ Interest Payment Paid on the 15th of January, April, July and October beginning on 7/15/2019 Quarterly Interest   .3906   Annual Interest  1.5625 Securities may be redeemed, at the issuers option, as early as 4/30/2022  at…

CAUTION–THIS PREFERRED ISSUE PAYS DIVIDENDS JUST TWICE PER YEAR Date Issued  3/28/2019 Shares Issued  4,000,000 Overallotment Shares 0 S&P Rating  BB  Moodys Rating   NR Security Ticker Symbol   IBKCN   OTC Temp Ticker  IBBRL Market Traded On   NASDAQ Dividend Payment Paid on the 1st of May and November beginning on 11/1/2019 Semi Annual Dividend   .763  Annual Dividend   1.525 On 5/1/2024 Coupon Rate Floats.…

With interest rates continuing on a path of slowly moving lower companies are hurrying to issue $25/share preferred stock and baby bond while they can garner lower coupons. Some recent issuances are reviewed briefly below. Mortgage REIT AGNC Investment (NASDAQ:AGNC) has issued a new perpetual fixed-to-floating rate preferred with an initial coupon of 6.875%. This new preferred issue will have…

NetApp, Inc. (NASDAQ:NTAP) has rewarded its shareholders with rising dividend income distributions every year since introducing dividends six years ago. While average compared to the overall market yields, NetApp’s current dividend yield outperformed average yields of its industry peers by substantial margins. Additionally, NetApp’s current dividend payout ratio indicates that the company’s dividend distributions are well covered by its earnings. Barring…