Featured Articles
Entergy Mississippi, Inc. First Mortgage Bonds, 4.90% Series due October 1, 2066
Tim McPartland | September 18, 2016
Date Issued 9/13/2016 Shares Issued 10,400,000 Overallotment Shares None S&P Rating A Moodys Rating A3 Security Ticker Symbol EZT Market Traded ON NYSE Interest Payment Paid on the 1st of January, April, July and October beginning on 1/1/2017 Quarterly Interest .306 Annual Interest 1.225 Securities may be redeemed, at the issuers option, as early as 10/01/2021 for a redemption price of $25/share plus…
Aspen Insurance Holdings Limited Sells a Preferred
Tim McPartland | September 15, 2016
Global insurance company Aspen Insurance Holdings Limited (NYSE:AHL) has sold a new perpetual preferred stock with a coupon of 5.625%. Being a insurance company the shares are required to be non-cumulative in respect to dividends (if they are not declared and paid they are gone forever). Dividends will qualify for preferential tax treatment (taxed at the lower capital gain tax…

Experts Differ on the Merits of Dividend-Paying Stocks
Ned Piplovic | September 15, 2016
LAS VEGAS -- A good argument can be made that dividends should be required to invest in stocks to help investors maximize returns but non-dividend-paying stocks also have merit. Dividends advocate Rob Arnott, founder, Chairman and CEO of Research Affiliates, a research-intensive asset management firm that focuses on smart beta and asset allocation, debated Professor Joel Stern about the role…
Aspen Insurance Holdings Limited 5.625% Perpetual Non-Cumulative Preference Shares
Tim McPartland | September 14, 2016
Date Issued 9/13/2016 Shares Issued 9,000,000 Overallotment Shares 1,000,000 Security Ticker Symbol AHL-D OTC Temp Ticker ASPIF Market Traded ON NYSE Dividend Payment Paid on the 1st of January, April, July and October beginning on 01/01/2017 Quarterly Dividend .352 Annual Dividend 1.406 Securities may be redeemed, at the issuers option, as early as 01/01/2027 for a…
The Southern Company Sells a Giant Baby Bond Offering – Ticker SOJB
Tim McPartland | September 13, 2016
With over 9 million customers and 44,000 megawatts of electricity generating capacity you would expect that The Southern Company (NYSE:SO) would issue pretty large offerings of bonds and they have just done a $800 million dollar subordinated note offering. The notes are rated lower investment grade. SO is a holding company for numerous electrical utilities in the southeast United States. These…