Featured Articles
Single Family Residential REIT American Homes 4 Rent Sells a Preferred Issue
Tim McPartland | May 17, 2016
Giant single family residence owner American Homes 4 Rent (NYSE:AMH) has sold a new preferred stock issue. The issue carries a coupon of 6.50% and shares should begin trading on the OTC Grey market tomorrow (Wednesday). The OTC Grey market ticker is AMHHP. AMH currently has 3 other preferred stock issues, but all of the 3 are very different from…
Lethargic Global Economy Benefits Income Investors
Tim McPartland | May 15, 2016
As we continue to get soft economic data out of virtually all areas of the world income investors have been feasting on outsized gains in their investment portfolios. Securities with any type of dividend attached to them have continued to rise in value in spite of many of them being of poor quality. There doesn’t seem to be any limit…
eBay Inc. 6% Notes Due 2056
Tim McPartland | May 14, 2016
Date Issued 2/22/2016 Shares Issued 30,000,000 Overallotment Shares None S&P Rating BBB+ Moodys Rating Baa1 Investment Grade Security Ticker Symbol EBAYL Market Traded ON NYSE Interest Payment Paid on the 1st of February, May, August and November beginning on 5/1/2016 Quarterly Interest .375 Annual Interest 1.50 Securities may be redeemed, at the issuers option, as early as 03/1/2021 for a redemption price of $25/share…
Charles Schwab Corporation 5.95% Non-Cumulative Perpetual Preferred Stock, Series D
Tim McPartland | May 14, 2016
Date Issued 03/02/2016 Shares Issued 30,000,000 Overallotment Shares None S&P Rating BBB Moodys Rating Baa2 Security Ticker Symbol SCHW-D OTC Temp Ticker SCWBP Market Traded On NYSE Dividend Payment Paid on the 1st of March, June, September and December beginning on 6/1/2016 Quarterly Dividend .3719 Annual Dividend 1.4875 Securities may be redeemed, at the issuers option, as early as 6/01/2021 for a redemption price of…
BB&T Corporation Series H Non-Cumulative Perpetual Preferred Stock
Tim McPartland | May 14, 2016
Date Issued 3/3/2016 Shares Issued 17,000,000 Overallotment Shares 2,550,000 S&P Rating BBB Moodys Rating Baa2 Security Ticker Symbol BBT-H OTC Temp Ticker BBTTP Market Traded ON NYSE Dividend Payment Paid on the 1st of March, June, September and December beginning on June 1, 2016 Quarterly Dividend .352 Annual Dividend 1.406 Securities may be…