Featured Articles

DTE Energy Company 2016 Series F 6.00% Junior Subordinated Debentures due 2076

Tim McPartland | December 1, 2016
Date Issued  12/7/2016 Shares Issued  11,200,000   Overallotment Shares  None S&P Rating  BBB- Security Ticker Symbol   Market Traded ON   NYSE Interest Payment Paid on the 15th of March, June, September and December beginning on 03/15/2017 Quarterly Interest   .375   Annual Interest   1.50 Securities may be redeemed, at the issuers option, as early as 6/01/2021 for a redemption price of $25/share plus accrued…

When You’re Snoozing, You’re Losing Income

Tim McPartland | November 30, 2016
We have written before that when you are not invested you are cutting your income stream.  When we write these things we include ourselves in those that unnecessarily lose income to what really amounts to laziness (or maybe we are distracted--that sounds better). Today a reader sent a note and asked why we didn't add the recent new issue baby…

Kemper Corporation 7.375% Subordinated Debentures due 2054

Tim McPartland | November 29, 2016
Shares Issued   6,000,000   Overallotment Shares  NONE S&P Rating  BB     Moodys Rating   Ba1 Security Ticker Symbol   KMPA Market Traded ON   NYSE Interest Payment Paid on the 27th of February, May, August and November beginning on 5/27/2014 Quarterly Interest   .461    Annual Interest  1.844 Securities may be redeemed, at the issuers option, as early as 02/27/2019 for a redemption price…

General Electric Capital Corporation 4.70% Notes 2053

Tim McPartland | November 29, 2016
S&P Rating  AA+ Security Ticker Symbol   GEK Market Traded ON   NYSE Interest Payment Paid on the 16th of February, May, August and November beginning on 01/15/2013 Quarterly Interest   .294   Annual Interest   1.175 Securities may be redeemed, at the issuers option, as early as 5/16/2018 for a redemption price of $25/share plus accrued interest Interest Payment Will NOT be Qualified Distributions.  Payments are…

Capital One Financial Corporation, 6.00% Fixed Rate Non-Cumulative, Perpetual Preferred Stock, Series H

Tim McPartland | November 28, 2016
Date Issued   11/22/2016 Shares Issued  20,000,000  Overallotment shares  0 S&P Rating   BB   Moodys Rating   Baa3 Security Ticker Symbol   COF-H   OTC Temporary Ticker   CFFFP Market Traded ON   NYSE Dividend Payment Paid on the 1st of March, June, September and December beginning on 3/1/2017 Quarterly Dividend   .375   Annual Dividend   1.50 Securities may be redeemed, at the issuers option, as…
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