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Date Issued  08/05/2016 Shares Issued  1,000,000     Overallotment Shares  150,000 S&P Rating  NR   Moodys Rating   NR Security Ticker Symbol  MDLX     Market Traded ON   NYSE Interest Payment Paid the 15th of February, May, August and November beginning on 11/15/2016 Quarterly Interest   .43   Annual Interest   1.719 Securities may be redeemed, at the issuers option, as early as 8/15/2019 for a redemption price of $25/share plus accrued…

By Harry Domash Corporations sell preferred stocks for the same reason that they sell bonds -- to raise cash. Although preferred stocks trade the same as regular stocks, investors typically buy the so-called “preferreds” for the steady dividends, which typically equate to 4.5% to 8% market yields, not for capital appreciation. Unlike common stocks, you won’t enjoy much preferred share…

Upscale lodging owner Sotherly Hospitality (NASDAQ:SOHO) has sold a new preferred stock offering with a pretty inviting coupon of 8%. The company has announced they will be calling their 8% baby bond issue (NASDAQ:SOHOL), which becomes callable 9/30,  with the proceeds. SOHO owns a total of 12 properties with 3011 rooms all of which are in the upscale lodging sector.…

Date Issued   8/23/2016 Shares Issued   1,610,000   Overallotment Shares  241,500 S&P Rating  NR       Moodys  NR Security Ticker Symbol   SOHOB        OTC Temporary Ticker   SOHYP Market Traded ON   NASDAQ Dividend Payment Paid on the 15th  of January, April, July and October beginning on  10/15/2016 Quarterly Dividend   .50   Annual Dividend   2.00 Securities may be redeemed,…

Date Issued  8/6/2016 Shares Issued  9,000,000   Overallotment Shares  1,350,000 S&P Rating   NR   Moodys Rating   NR Security Ticker Symbol   SSW-H     OTC Ticker  SSWNP Market Traded ON   NYSE Dividend Payment Paid on the 30th of January, April, July and October beginning on 10/30/2016 Quarterly Dividend   .492   Annual Dividend   1.969 Securities may be redeemed, at the issuers…