Featured Articles
Digital Realty Trust 6.35% Series I Cumulative Redeemable Preferred Stock
Tim McPartland | August 14, 2015
Date Issued 8/13/2015Shares Issued 10,000,000 Overallotment Shares 1,500,000S&P Rating BB+ Moodys Rating Baa3Security Ticker Symbol DLR-I OTC Temp Ticker DIGRPMarket Traded ON NYSEDividend Payment Paid on the last day of March, June, September and December beginning on 12/31/2015Quarterly Dividend .397 Annual Dividend 1.589Securities may be redeemed, at the issuers option, as early as 08/24/2020 the call price is…
Adding a New Model Portfolio
Tim McPartland | August 14, 2015
We have added a new portfolio to the site.You will note it is very similar in many ways to our highly sucessful 2014/2015 Short/Medium Income Portfolio, but we have made a few changes by adding some 'Zip'.We cover the details on the portfolio page here.
Hovnanian Enterprises, 7.625% Series A Preferred Stock
Tim McPartland | August 13, 2015
Shares Issued 5,000,000 Overallotment Shares 700,000S&P Rating C Moodys Rating Caa2Security Ticker Symbol HOVNPMarket Traded ON NASDAQDividend Payment Paid on the 1st of January, April, July and October beginning on 10/1/2005Quarterly Dividend .477 Annual Dividend 1.906Securities may be redeemed, at the issuers option, as early as 07/12/2010 the call price is $25 plus accrued dividendsDividend Payment will be Qualified…
Oil Tumbles Further
Tim McPartland | August 13, 2015
Even with oil production now finally beginning to drop a little and crude inventories dropping prices of crude continue to fall (under $43/barrel today). I guess maybe investors realize that almost every shale producer has been drilling and not fracking--and in a heartbeat can turn up the spigot. In the Bakken alone there are over 1,000 wells awaiting fracking--but it…
Slaughter Continues for Common Stocks
Tim McPartland | August 12, 2015
Our guess that markets would stabilize today was obviously wrong, but in the end it doesn't make much difference to us. Last week we mused that maybe now was the time for the 20% correction that most of us have been waiting on for years--and with a little help from the Chinese it may in fact be now.Today REITs are…