Featured Articles
Bluerock Residential Growth REIT 8.25% Series A Cumulative Redeemable Preferred Stock (Puttable After 10/2022)
Tim McPartland | October 16, 2015
Date Issued 10/16/2015 Shares Issued 2,500,000 Overallotment Shares 375,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol BRG-A OTC Temp Ticker BLPPP Market Traded ON NYSE Dividend Payment Paid on the 5th of January, April, July and October beginning on 1/5/2016 Quarterly Dividend .516 Annual Dividend 2.0625 Commencing in 10/2022 if the issue is not redeemed…
More Food For Thought – The Velocity of Money – M2
Tim McPartland | October 15, 2015
Below is a chart of the velocity of the money supply (M2) in the United States. If you think this recovery feels pretty lethargic you can see by this chart what the problem seems to be. The Velocity is now around 1.5--this is the lowest in the last 50 years and it is continuing to drop even as the so…
We Wrap Up a Full Year In the Short/Medium Duration Income Portfolio
Tim McPartland | October 14, 2015
A year and 1 day ago we determined it might make sense to construct a portfolio meant to garner income with no regard, or attempt, to produce any capital gains. Additionally, we wanted it to be constructed with securities that would mature in 10 years or less (1 issue is actually 12 years). Thus the 2014/2015 Short/Medium Duration Income Portfolio…
Readers Have Trouble with Ticker Symbols – Some Brokers Won’t List Floating Rate Issues
Tim McPartland | October 13, 2015
Probably the largest number of notes we get are from readers that have trouble with ticker symbols. This is really nothing new--preferred stock ticker symbols have been an issue for everyone for years and years.Unfortunately we have no real answer to the problem. Below we list a security that reader LeRoy wrote to us about this morning.Preferred Stock - Morgan…
Recapping Income Securities Last Week
Tim McPartland | October 13, 2015
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 issues begin trading.1st off Giant Utility Southern Company (ticker:SO) issued a…