Featured Articles
Priority Income Fund 6.625% Series C Term Preferred Stock due 2024
Tim McPartland | February 20, 2019
Date Issued 2/22/2019 Shares Offered 1,400,000 Overallotment Shares 210,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol PRIF-C OTC Ticker PRNCP Market Traded ON NASDAQ Dividend Payment Paid on the last day of March, June, September and December beginning 3/31/2019 Monthly Dividend .414 Annual Dividend 1.656 Securities may be redeemed, at the issuers option, as early as 2/22/2021 the call price…
Air Lease Corporation 6.15% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock Series A
Tim McPartland | February 20, 2019
Date Issued 2/26/2019 Shares Issued 10,000,000 Overallotment Shares 0 S&P Rating BB+ Moodys NR Security Ticker Symbol AL-A OTC Grey Market ALSCP Market Traded ON NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning 6/15/2019 Quarterly Dividends .384 Annual Dividends 1.538 Securities may be redeemed, at the issuers option, as early as 03/15/2024 for a redemption price of $25/share plus accrued…
Brunswick Corporation 6.375% Notes due 2049
Tim McPartland | February 20, 2019
Date Issued 2/26/2019 Shares Issued 8,000,000 Overallotment 1,200,000 S&P Rating BBB- Moodys Baa2 Security Ticker Symbol BC-C Market Traded ON NYSE Interest Payment Paid on the 15th January, April, July and October beginning April 15, 2019 Quarterly Interest .398 Annual Interest 1.59 Securities may be redeemed, at the issuers option, as early as 4/15/2024 for a redemption price of $25/share plus accrued…
Stifel Financial Corporation 6.25% Non-Cumulative Preferred Stock Series B
Tim McPartland | February 18, 2019
Date Issued 2/21/2019 Shares Issued 6,000,000 Overallotment Shares 900,000 S&P Rating BB- Moodys NR Security Ticker Symbol SF-B OTC Grey Market SFEIP Market Traded ON NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning 6/15/2019 Quarterly Dividends .391 Annual Dividends 1.563 Securities may be redeemed, at the issuers option, as early as 03/15/2024 for a redemption price of $25/share plus accrued…

Dividend Definitions – What is Dividend Record Date?
Ned Piplovic | February 14, 2019
While most income investors keep close track of a stock’s Ex-Dividend and Pay dates for potentially timing the buying and selling of shares for maximum gains, the Dividend Record Date often gets overlooked. The dividend record date is crucial for determining ownership of shares, which consequently determines eligibility for receiving any subsequent dividend distribution payouts. However, unlike the ex-dividend date which is…