Featured Articles
New York Community Bancorp Inc. 6.375% Fixed-to-Floating Rate Series A Noncumulative Perpetual Preferred Stock
Tim McPartland | March 20, 2017
Date Issued 3/10/2017 Shares Issued 20,000,000 Over Allotment 3,000,000 S&P Rating NR Moody Rating NR Security Ticker Symbol NYCB OTC Grey Market NYCB-A Market Traded ON NYSE Dividend Payment Paid on the 17th of March, June, September and December beginning on 6/17/2017 Quarterly Dividend .398 Annual Dividend 1.594 Floating rate starting 3/18/2027…
Global Indemnity LTD Floats a New Note Issue
Tim McPartland | March 20, 2017
Specialty insurer and reinsurer Global Indemnity LTD (NASDAQ:GBLI) has sold a new subordinated note issue with a long duration maturity. GBLI is a Cayman Islands based insurer that insures specialty risks such as medical and professional liability insurance, collectibles insurance and property and casualty insurance for small businesses. While the company is not a large company they are rated “A”,…
Global Indemnity Limited 7.875% Subordinated Notes due 2047
Tim McPartland | March 19, 2017
Date Issued 3/16/2017 Shares Issued 4,800,000 Overallotment shares 720,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol GBLIL Market Traded ON NASDAQ Interest Payment Paid on the 15th of January, April, July and October beginning on 7/15/2017 Quarterly Interest .492 Annual Interest 1.968 Securities may be redeemed, at the issuers option, as early as 4/15/2022 for a redemption price of…

2 Dividend All-Stars Offer 13 Years of Rising Payouts
Ned Piplovic | March 17, 2017
Dividendinvestor.com confers its proprietary Allstars™ designation on securities that show sustained dividend growth over an extended period of time. Both of these securities meet that criteria and are designated as three-star Dividend Allstars™. The ex-dividend dates on these two securities are still a few weeks away, leaving enough time to allow interested investors to examine the fundamentals of these companies…
Plans for the Days Ahead
Tim McPartland | March 14, 2017
So the Fed meeting is happening today and tomorrow morning and we are awaiting the announce on the 1/4% rate hike. Then for the big news--what Chair Yellen has to say after the meeting--will she sound hawkish on rates or will she give the typical dovish sounding drivel that would be the norm? So here is how we think this…