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November 27, 2017 By  Tim McPartland From time to time, we like to write about our favorite income investments, which happen to be term preferred stocks. While the current available universe of term preferreds is only 11 issues, it is our opinion that relatively conservative income investors would do well to own a few of them. In our case, we…

Date Issued  11/13/2017 Shares Issued  16,000,000   Overallotment Shares  None S&P Rating  BBB-   Moodys  Baa2 Security Ticker Symbol  DTW Market Traded ON   NYSE Interest Payment Paid on the 1st of March, June, September and December beginning on 03/1/2018 Quarterly Interest   .328   Annual Interest   1.313 Securities may be redeemed, at the issuers option, as early as 12/01/2022 for a redemption price of $25/share plus accrued interest Interest Payment Will NOT be…

Date Issued  11/08/2017 Shares Issued  4,000,000  Overallotment Shares  600,000 S&P Rating  NR     Moodys  NR Security Ticker Symbol   MVCD Market Traded ON   NYSE Interest Payment Paid on the 15th of January, April, July and October beginning on 01/15/2018 Quarterly Interest   .453   Annual Interest   1.813 Securities may be redeemed, at the issuers option, as early as 11/30/2019 for a redemption price of $25/share…

Date Issued  11/13/2017 Shares Issued  8,000,000       Overallotment Shares  0 S&P Rating   NR   Moodys Rating   Ba3 Ticker Symbol   MBFIO      OTC Grey Market  MBFFP Market Traded ON   NASDAQ Dividend Payment Paid on the 25th of February, May, August and November beginning on 2/25/2018 Quarterly Dividend   .375   Annual Dividend   1.50 Securities may be redeemed, at the issuers option, as early as 11/25/2022  the…

The U.S. Southeast lumber company has hiked its annual dividend over the last four consecutive years and currently pays a 4.2% yield. In addition to the steady dividend growth and above-average yield, the trust’s share price rose more than 20% over the last year. Almost all of that share price growth occurred over the last 90 days. The company’s next…