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Get Caught Up on the Income Security News You Missed Last Week The Yield HunterRecapping the important news in income securities in the last week. New issues, bankruptcies and major movers. New Issues in the last week of Preferred Stocks and Exchange Traded Debt (ETD)In the last week we have had 2 new preferred issues announced.  Neither are trading at this point and their…

UMH Properties (ticker:UMH), a REIT, has sold a nice 8% perpetual preferred offering.  This issue is a fairly small issue with just 1.8 million shares offered.UMH is a REIT that owns manufactured home communities and rents 'sites' to home owners.  They have been in business since 1968 and have a long history of being relatively successful.UMH has 1 other preferred…

 Date Issued  10/16/2015Shares Issued  1,801,200   Overallotment Shares  NoneS&P Rating   NR    Moodys Rating   NRSecurity Ticker Symbol   UMH-B    OTC Temp Ticker  UMTYPMarket Traded ON   NYSEDividend Payment Paid on the 15th of March, June, September and December beginning on 03/15/2016Quarterly Dividend   .50   Annual Dividend   2.00Securities may be redeemed, at the issuers option, as early as 10/20/2020  the call price is…

Bluerock Residential Growth REIT has priced a new preferred offering with a number of interesting and attractive features.Bluerock (ticker:BRG) is a apartment REIT which also does a bit of specialty financing for others.  They came public in March, 2014 and so far to date have performed excellently.The new preferred offering has a tasty 8.25% yield and has the typical 5…

Bluerock Residential Growth REIT has priced a new preferred offering with a number of interesting and attractive features. Bluerock (ticker:BRG) is a apartment REIT which also does a bit of specialty financing for others.  They came public in March, 2014 and so far to date have performed excellently. The new preferred offering has a tasty 8.25% yield and has the…