Featured Articles
UMH Properties Inc. 6.75% Series C Cumulative Redeemable Preferred Stock
Tim McPartland | July 25, 2017
Date Issued 7/19/2017 Shares Issued 5,000,000 Overallotment Shares 750,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol UMH-C OTC Grey Market UMHPP Market Traded ON NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning on 9/15/2017 Quarterly Dividend .422 Annual Dividend 1.6875 Securities may be redeemed, at the issuers option, as early as 07/26/2022. The…

Canadian Bank Hikes Dividend 2.3%, Returns a 3.7% Yield
Ned Piplovic | July 25, 2017
The Bank of Montreal (NYSE:BMO) boosted its quarterly dividend 2.3% versus the previous period and offers a 3.7% dividend yield, which exceeds the financial sector average by almost 15%. In addition to the most recent dividend hike and a long-standing record of paying rising dividends, the bank enhanced its share price by a double-digit percentage over the past year. The…

TriplePoint Venture Growth BDC Corp. Sells a Baby Bond
Tim McPartland | July 25, 2017
By Tim McPartland July 24, 2017 In a “refinancing” move, TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) has sold a baby bond with a fairly meager coupon. The proceeds from this offering primarily will be used to call in an existing baby bond issue that has a coupon of 6.75%. The new issue has a meager 5.75% coupon, with a short maturity date of July…

2 Utilities Return 3% Yields That Are 25% Above Sector Average Yield
Ned Piplovic | July 21, 2017
An electric utility and a gas utility company are paying rising dividends that yield 3.1%, which is about 25% higher than the straight average dividend yield across the entire utilities sector. Neither company has cut its annual dividend amount in two decades. One of the utilities has been boosting its annual dividend consecutively for more than six decades. While the…
TriplePoint Venture Growth BDC Corp 5.75% Notes due 2022
Tim McPartland | July 21, 2017
Date Issued 7/7/2017 Shares Issued 2,600,000 Overallotment Shares 390,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol TPVY OTC Temp Ticker – Likely will not trade OTC Market Traded On NYSE Interest Payment Paid on the 15th of January, April, July and October beginning on 10/15/2017 Quarterly Interest .359 Annual Interest 1.435 Securities may be redeemed, at the issuers option, as…