Featured Articles

Bluerock Residential Growth REIT, 7.125% Series D Cumulative Preferred Stock

Tim McPartland | October 11, 2016
Date Issued  10/5/2016 Shares Issued   2,700,000      Overallotment Shares  405,000 S&P Rating   NR   Moodys Rating   NR Security Ticker Symbol   BRG-D      OTC Grey Market Ticker   BLRKP Market Traded ON   NYSE Dividend Payment Paid on the 5th of January, April, July and October beginning on 1/5/2017 Quarterly Dividend   .445   Annual Dividend   1.781 Securities may be…

Eagle Point Credit Company 7.75% Series B Term Preferred Stock due 2026

Tim McPartland | October 10, 2016
Date Issued  10/7/2015 Shares Issued  1,200,000  Overallotment Shares  180,000 S&P Rating  NR   Moodys Rating   NR Security Ticker Symbol    ECCB      OTC Temp Ticker   ECRPO Market Traded ON   NYSE       Dividend Payment Paid Monthly the last day of the month  beginning on 11/30/2016 Monthly Dividend   .1615   Annual Dividend   1.9375 Securities may be redeemed, at the issuers option, as early as…

Public Storage 4.90% Series E Cumulative Preferred Shares

Tim McPartland | October 10, 2016
Date Issued  10/6/2016 Shares Issued  14,000,000      Overallotment Shares  2,100,000 S&P Rating   BBB+   Moodys Rating   A3 Security Ticker Symbol   PSA-E    OTC Temp Ticker   PBSRP Market Traded ON   NYSE Dividend Payment Paid on the last day of March, June, September and December beginning on 12/31/2016 Quarterly Dividend   .30   Annual Dividend   1.20 Securities may be redeemed, at the issuers option, as early as…

mREIT Chimera Investment Corporation Sells a Tasty Preferred Issue

Tim McPartland | October 9, 2016
mREIT Chimera Investment Corporation (NYSE:CIM) has sold a 8% preferred stock issue.  This is a tasty coupon and may be worth purchasing when the price stabilizes.  Shares, which have begun trading on the OTC Grey market, under the temporary ticker symbol CMIAP are in the $24.48-$24.75 area closing Friday at $24.60. As we take a quick look at the shares…

Chimera Investment Corporation 8% Series A Cumulative Redeemable Preferred Stock

Tim McPartland | October 9, 2016
Date Sold      10/7/2016 Shares Issued    5,400,000   Overallotment Shares   810,000 S&P Rating   NR   Moodys Rating   NR Security Ticker Symbol     CIM-A      OTC Grey Market     CMIAP Market Traded ON   NYSE Dividend Payment Paid on the 30th of March, June, September and December beginning on 12/30/2016 Quarterly Dividend   .50   Annual Dividend   2.00 Securities may be redeemed, at…
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