Featured Articles
Valley National Bancorp 5.50% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B
Tim McPartland | July 30, 2017
Date Issued 7/27/2017 Shares Issued 7,000,000 Overallotment Shares 600,000 S&P Rating BB+ Moodys Rating NR Security Ticker Symbol VLY-B OTC Temp Ticker VLYYP Market Traded On NYSE Dividend Payment Paid on the 30th of March, June, September and December beginning on 9/30/2017 Quarterly Dividend .344 Annual Dividend 1.375 Beginning 9/30/2022 the coupon will float at the rate of 3 month…
Annaly Capital Management 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Tim McPartland | July 28, 2017
Date Issued 7/24/2017 Shares Issued 28,000,000 Overallotment Shares 4,200,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol NLY-F OTC Temp Ticker – ANNPP Market Traded On NYSE Dividend Payment Paid on the last day March, June, September and December beginning on 12/31/2017 Quarterly Dividend .434 Annual Dividend 1.738 Beginning 9/30/2022 the coupon will float at the rate of 3 month…

2 Oil Transportation and Storage Companies Pay 3.7%-Plus Dividend Yields
Ned Piplovic | July 27, 2017
Two companies operating in the oil and gas pipelines industry have been hiking dividends for several years and currently reward their investors with dividend yields of 3.7% and 7.3%. Over the past few years, both companies boosted their dividend payouts every quarter. In addition to the rising quarterly dividends, share price rose over the past year as well. Additionally, 50-day…

Manufactured Home Community Owner UMH Properties Sells a Preferred Issue
Tim McPartland | July 27, 2017
July 26, 2017 By Tim McPartland UMH Properties (NYSE:UMH), a real estate investment trust (REIT) that owns manufactured home communities, has sold an offering of five million preferred shares. The issue is cumulative, optionally redeemable by the issuer approximately five years after its official offering and carries a coupon of 6.75%. As a REIT, UMH does not pay qualified dividends,…

Breaking Down our Favorite Model Portfolio
Tim McPartland | July 26, 2017
By Tim McPartland Since we began writing on our original “Yield Hunter” website in 2006, we have searched for the Holy Grail for conservative income investors. The Holy Grail to us was the portfolio that we did not feel we had to watch over constantly, that we did not have to trade, that maintained a fairly low volatility and yet…