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Only 1 month after selling a large offering of preferred units KKR & Co. LP (NYSE:KKR) has sold another series of preferred, although at a lower coupon. The Series A offering (ticker:KKR-A) in May had a coupon of 6.75% and the new Series B offering carries a coupon of 6.50%.  While as buyers and owners of many preferred stocks we…

Date Issued   6/13/2016 Shares Issued   6,200,000  Overallotment Shares    None S&P Rating   BBB+   Moodys Rating   NR Security Ticker Symbol   KKR-B     OTC Temp Ticker   KRPPP Market Traded ON   NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning on  9/15/2016 Quarterly Dividend   .406   Annual Dividend   1.625 Securities may be redeemed, at…

Giant banker Wells Fargo and Company (NYSE:WFC) has sold a new preferred stock offering and as has become typical with the large U.S banking companies it is a huge issue, with a total of 46,000,000 $25 shares being offered. The new issue carries a coupon of 5.50% which is too low to garner our interest, but for those looking for…

  Date Issued   6/8/2016 Shares Issued   40,000,000    Overallotment Shares  6,000,000 S&P Rating   BBB     Moodys Rating   Baa3 Security Ticker Symbol    WFC-X   OTC Grey Market   WLLPP Market Traded ON NYSE Dividend Payment Paid on the 15th of March, June, September and December beginning on 09/15/2016 Quarterly Dividend   .343    Annual Dividend  1.375…

Would you like to invest in commercial real estate, such as high rise office buildings or hotel properties? Actually, you don’t have to come up with millions to participate in the booming commercial real estate market. Instead, you could simply buy shares in a real estate investment trust (REIT). REITs, which are pronounced “REETs,” are a special type of corporation…