Featured Articles
Two Harbors Investment Corp. 8.125% Series A, Fixed to Floating Rate Cumulative Redeemable Preferred Stock
Tim McPartland | March 8, 2017
Date Sold 3/7/2017 Shares Issued 5,000,000 Overallotment Shares 750,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol TWO-A OTC Grey Market TWHBP Market Traded ON NYSE Dividend Payment Paid on the 27th of January, April, July and October beginning on 7/27/2017 Quarterly Dividend .508 Annual Dividend 2.0312 Securities may be redeemed, at…

3 Equities Hike Quarterly Dividends 5%-Plus and Offer 3%-Plus Yields
Ned Piplovic | March 7, 2017
Two utilities and a real estate investment trust (REIT) that currently yield around 3.5% boosted quarterly dividends at least 5% to continue their respective records of raising annual payouts. Over the last two weeks, these three equities declared their dividends and announced quarterly distribution hikes of 5.0%, 5.7% and 5.9% over the previous period. While the ex-dividend date for all…
PennyMac Mortgage Investment Corp Sells a Fixed-to-Floating Rate Issue
Tim McPartland | March 6, 2017
mREIT PennyMac Mortgage Investment Corp (NYSE:PMT) has sold a fixed-to-floating rate preferred stock with a fairly tasty initial coupon of 8.125%. The terms of the issue are the normal terms for preferreds as shares are perpetual and cumulative in respect to dividends. The optional redemption period, in which the company can redeem the shares at $25/share doesn’t begin until 2024.…
PennyMac Mortgage Investment Corp 8.125% Series A Fixed to Floating Rate Cumulative Redeemable Preferred Stock
Tim McPartland | March 5, 2017
Date Sold 3/2/2017 Shares Issued 4,600,000 Overallotment Shares 690,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol PMT-A OTC Grey Market PNNYP Market Traded ON NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning on 6/15/2017 Quarterly Dividend .507 Annual Dividend 2.0312 Securities may be redeemed, at…

4 Dividend Allstars Average Double-Digit Dividend Growth Rates
Ned Piplovic | March 3, 2017
Four securities with ex-dividend dates coming up in the next few weeks have been averaging double-digit dividend growth rates for five-plus years. Dividendinvestor.com confers its proprietary Allstars™ designation to securities that show sustained dividend growth. All four of these securities meet that criteria and are designated as three-star Dividend Allstars™. In addition to the increasing dividends, these four investments have…