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National Retail Properties (NYSE:NNN) has sold a huge preferred offering with a rock bottom stingy coupon of 5.20%.  Obviously the company is just doing their job for their shareholders by selling low coupons shares, but as income investors we have no interest in a perpetual preferred with this low coupon. NNN is a triple net lease REIT with over 2,200…

Date Sold      10/4/2016 Shares Issued    12,000,000   Overallotment Shares   1,800,000 S&P Rating   BBB-   Moodys Rating   Baa2 Security Ticker Symbol     NNN-F      OTC Grey Market   NNNPP      Market Traded ON   NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning on 12/15/2016 Quarterly Dividend   .325   Annual Dividend   1.30 Securities…

We had noted when we had wrote on September 20th that we would update you when we made further moves in the model portfolios.  We made some moves last week and again today. In the Moderate Duration with Zip Portfolio we added the new issue Gladstone Investment 6.25% term preferred (NASDAQ:GAINM) last week.  Recall we had sold the "Zip" issues…

By Ned Piplovic Berkshire Hathaway has not paid a cash dividend since 1967 and, if Warren Buffett has his way, it never will. But investors still can take advantage of Warren Buffett’s investing skill and collect regular dividend income by investing in Berkshire Hathaway holdings. Shareholders of Berkshire Hathaway must accept Warren Buffett’s view of not paying dividends. A proxy…

Small office REIT, City Office REIT, Inc. (NYSE:CIO)  has sold a new 4,000,000 share preferred stock offering with a coupon of 6.625%.  The offering also allows underwriters to purchase up to 600,000 over allotment shares. CIO came public in 2013 and thus far owns 15 high quality office buildings in markets such as Phoenix, Austin, TX., Dallas,  Boise, Denver, Portland…