Featured Articles
Reflecting on a Dumb Mistake
Tim McPartland | November 11, 2015
Sometimes, with the benefit of hindsight, we just want to kick ourselves. Even though we have done well investing in the last number of years--at least relative to most income investors and when compared to the SP500 or other benchmarks, dumb mistakes have cost us plenty.We are very conservative folks, but we know that if we want any performance that…
Little Medical IT Company Medical Transcription Billing Corp Sells a Preferred Issue
Tim McPartland | November 9, 2015
Small medical software and IT company, Medical Transription Billing Corp (ticker:MTBC), has sold a new cumulative, perpetual preferred offering.The coupon (the stated interest rate to be applied to the $25/share par value) will be 11%--which, of course, is a very nice yield, but it obviously points out a very high level of risk. This is a very small issue of…
Medical Transcription Billing Corp 11% Series A Cumulative Redeemable Perpetual Preferred Stock
Tim McPartland | November 9, 2015
Date Issued 11/05/2015Shares Issued 204,000 Overallotment Shares 30,600S&P Rating NR Moodys Rating NRSecurity Ticker Symbol MTBCP OTC Temp Ticker NoneMarket Traded ON NASDAQDividend Payment Paid on the 15th of the month beginning on 12/15/2015Quarterly Dividend .6875 Annual Dividend 2.75Securities may be redeemed, at the issuers option, as early as 11/04/2020 the call price is $25 plus accrued dividendsDividend Payment will…
Time to Publish a Baby Bond ($25 Debt Issue) Primer
Tim McPartland | November 8, 2015
After writing on The Yield Hunter for 10 years, it is easy for me to forget that not every reader deals with income securities day after day. In that light, I confess to using terminology that isn't always "user friendly," particularly for the new reader. With this in mind, it is time to take a step back and review some basics on…
Time to Publish a Baby Bond ($25 Debt Issue) Primer
Tim McPartland | November 6, 2015
After writing on The Yield Hunter for 10 years we find it is easy to forget that not every reader deals with income securities day after day and we find ourselves using terminology that isn't 'user friendly', in particular for the new reader. With this in mind it is time to take a step back and review some basics on…