Featured Articles
Invesco Mortgage Capital 7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock
Tim McPartland | August 21, 2017
Date Issued 8/9/2017 Shares Issued 10,000,000 Overallotment Shares 1,500,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol IVR-C OTC Temp Ticker IVSOP Market Traded ON NYSE Dividend Payment Paid on the 27th of March, June, September and December beginning on 12/27/2017 Quarterly Dividend .469 Annual Dividend 1.875 Dividends will float after 9/27/2027 at…

2 Stocks Boost Dividends for 35-Plus Years, Pay 3.1%-Plus Yields
Ned Piplovic | August 17, 2017
A regional bank from Kentucky and a company that designs and distributes footwear offer their investors a track record of more than 35 consecutive years of steady dividend growth and current yields of slightly above 3%, which are 77% and 196% higher than the average yields of these two companies’ respective industries. In addition to the steady and rising dividend…

Agriculture REIT Farmland Partners Sells an Interesting Preferred
Tim McPartland | August 16, 2017
August 15, 2017 By Tim McPartland Farmland Partners (NYSE: FPI), which is one of two real estate investment trusts (REITs) involved in the ownership of agricultural land, has sold a new preferred stock offering that may interest investors because of the issue’s special features. These 5.25 million shares, along with an additional 787,500 shares set aside for broker overallotment, are…
Farmland Partners Series B 6% Participating Preferred Stock
Tim McPartland | August 16, 2017
Date Issued 8/10/2017 Shares Issued 5,250,000 Overallotment Shares 787,500 S&P Rating NR Moodys Rating NR Security Ticker Symbol FPI-B OTC Grey Market Ticker FPRRP Market Traded ON NYSE Dividend Payment Paid on the last day of March, June, September and December beginning on 9/30/2017. Quarterly Dividend .375 Annual Dividend 1.50 In addition to the…

Eagle Point Credit Company Sells a Baby Bond Issue
Tim McPartland | August 15, 2017
August 11, 2017 By Tim McPartland Eagle Point Credit Company (NYSE:ECC), an externally managed closed-end management company, recently sold a small baby bond issue ($25/bond) with a 6.75% coupon. While the coupon is a little below what we want, the issue’s maturity in 2027 makes it attractive to us. Specifically, 1.1 million bonds will be offered with an additional 165,000…