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Two regional utilities continue to reward their shareholders with yields of more than 3% and average annual dividend growth rates of 6.3%. In addition to decades of dividend distributions, the companies have been raising their annual dividend payouts for at least 14 consecutive years. A share price increase of 50% over the past five years completes the investors’ trifecta of…

Financial services firm B Riley Financial (NASDAQ:RILY) has sold a new baby bond issue.  The issue has a coupon of 7.5% and a maturity date in 2027 which are terms that are very enticing to us. B Riley is a Los Angeles based financial services company that provides a full array of corporate finance, research, sales and trading services to…

Date Issued   5/23/2017 Shares Issued   2,100,000   Overallotment   150,000 S&P Rating  NR    Moodys   NR Security Ticker Symbol   RILYZ Market Traded ON   NASDAQ Interest Payment Paid on the Last Day of January, April, July and October beginning on 07/31/2017 Quarterly Interest   .469   Annual Interest   1.87 Securities may be redeemed, at the issuers option, as early as 5/31/2020 for a redemption…

While preferred stocks and baby bonds sold off quite significantly a couple of months ago those bargains are now gone and the continuation of redemptions of higher yielding issues continue. On March 30th we wrote that the average preferred stock price which had hit a high of $26.25 and then proceeded to sell off to an average price of $25…

Date Issued   5/5/2017 Shares Issued  135,000    Overallotment Shares   0 S&P Rating NR      Moodys   NR Security Ticker Symbol   AI-B Market Traded ON   NYSE Dividend Payment Paid on the 30th of March, June, September and December beginning on 6/30/2017 Quarterly Dividend  .438   Annual Dividend   1.75 Securities may be redeemed, at the issuers option, as early as 5/12/2022 for a redemption…