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…