Featured Articles
Arlington Asset Investment Corporation, 8.25% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Tim McPartland | March 10, 2019
Date Issued 3/5/2019 Shares Issued 1,200,000 Overallotment Shares 180,000 S&P Rating NR Moodys NR Security Ticker Symbol AI-C Market Traded ON NYSE Dividend Payment Paid on the 30th of March, June, September and December beginning on 6/30/2019 Quarterly Dividend .516 Annual Dividend 2.06 The coupon will be fixed until 3/30/2024 after which it will float at a…
Digital Realty 5.85% Series K Cumulative Redeemable Preferred Stock
Tim McPartland | March 10, 2019
Date Issued 3/4/2019 Shares Issued 8,000,000 Overallotment Shares 1,200,000 S&P Rating BB+ Moodys Rating Baa3 Security Ticker Symbol DLR-K OTC Temp Ticker DLRPO Market Traded ON NYSE Dividend Payment Paid on the last day of March, June, September and December beginning on 6/28/2019 Quarterly Dividend .366 Annual Dividend 1.463 Securities may be redeemed, at the issuers option, as early as 03/13/2024 the…
American International Group Series A 5.85% Non-Cumulative Perpetual Preferred Stock
Tim McPartland | March 8, 2019
Date Issued 3/7/2019 Shares Issued 20,000,000 Overallotment Shares 0 S&P Rating BBB- Moodys Baa3 Security Ticker Symbol AIG-A OTC Grey Market AIGGZ Market Traded ON NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning 6/15/2019 Quarterly Dividends .366 Annual Dividends 1.463 Securities may be redeemed, at the issuers option, as early as 03/15/2024 for a redemption price of…
Preferred Stocks for Retirees to Consider
Tim McPartland | March 7, 2019
We constantly monitor investor discussion on message boards about which preferred stocks people are interested in purchasing and, in particular, we like to observe comments about new issues that are brought to market. These boards are dominated by investors in my age bracket (65 years old) and many of them are fully retired. They depend upon receiving income contributions from…
The Coca-Cola Company Boosts Quarterly Dividend 2.6% (KO)
Ned Piplovic | March 7, 2019
The Coca-Cola Company’s (NYSE:KO) quarterly dividend boost is just the latest increase in the company’s streak of consecutive annual hikes that extends nearly six decades. While Coca-Cola failed to beat Wall Street analysts’ fourth-quarter earnings estimates -- which resulted in a 10% share price drop over three trading days -- the company continues to reward its shareholders with rising dividend income…
