Featured Articles
US Bancorp Series K 5.50% Non-Cumulative Perpetual Preferred Stock
Tim McPartland | August 10, 2018
Date Issued 8/7/20118 Shares Sold 23,000,000 Overallotment 0 S&P Rating BBB Moodys Rating A3 Security Ticker Symbol USB-N Market Traded ON NYSE Dividend Payment Paid on the 15th of January, April, July and October beginning on 10/15/2018 Quarterly Dividend .3438 Annual Dividend 1.375 Securities may be redeemed, at the issuers option, as early as 10/15/2023 for a redemption price of…

Prudential Financial Offers Nine Years of Consecutive Annual Dividend Hikes (PRU)
Ned Piplovic | August 10, 2018
Prudential Financial, Inc. (NYSE:PRU) has rewarded its shareholders with nine consecutive dividend hikes since its only dividend cut in 2008 and a 3.5% current dividend yield. The company started distributing dividends in December 2002 after incorporating and listing its shares on the New York Stock Exchange in December 2001. In addition to the current streak of nine consecutive annual dividend hikes,…
Ladenburg Thalmann Financial Services 7.25% Senior Notes Due 2028
Tim McPartland | August 10, 2018
Date Issued 8 /9/2018 Shares Issued 2,400,000 Overallotment 360,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol LTSK Market Traded ON AMEX Interest Payment Paid on the last day of March, June, September and December starting 9/30/2018 Quarterly Interest .453 Annual Interest 1.813 Securities may be redeemed, at the issuers option, as early as 9/30/2021 for a redemption…

Phillips 66 Continues Streak of Rising Dividend Distributions with Sixth Consecutive Hike (PSX)
Ned Piplovic | August 9, 2018
Since being spun off from ConocoPhilips (NYSE: COP) in 2012, Phillips 66 (NYSE: PSX) has paid a rising dividend every year. 2018 marks the sixth consecutive year this has occurred, giving the company a perfect 100% track record in this regard. Phillips 66 currently has two other elements that are working in its favor: strong quarterly earnings and impressive stock…

Thomson Reuters Corporation Offers 10 Years of Dividend Boosts (TRI)
Ned Piplovic | August 9, 2018
After its formation in 2008 through the Thomson Corporation’s acquisition of the Reuters Group, the Thomson Reuters Corporation continued a policy of annual dividend boosts and hiked its annual dividend payout in each of the past 10 consecutive years. While currently almost 10% lower than it was 12 months ago, the company’s share price has more than doubled over the past…