Featured Articles
Saul Centers 6.875% Series C Cumulative, Redeemable Preferred Stock
Tim McPartland | November 7, 2014
Date Issued 1/30/2013Shares Offered 5,000,000 Overallotment Shares 600,000Follow On Offering 11/6/2014 Shares Offered 1,600,000 Overallotment Shares NONES&P Rating NR Moodys Rating NRSecurity Ticker Symbol BFS-CMarket Traded ON NYSEDividend Payment Paid on the 15th of January, April, July and October beginning on 04/15/2013Quarterly Dividend .43 Annual Dividend 1.719Securities…
Gladstone Investment Company and Cowen Group–More Model Buys
Tim McPartland | November 7, 2014
We are adding 2 more positions to the model portfolio (as well as personal accounts).As we continue to look to shorten durations (as noted yesterday when buying the Triangle 7% Senior Notes and many other times in our writings) 2 newer issues fit the need. Both theCowen Group 8.25% Senior Notes (ticker:COWNL) and the Gladstone 6.75% Term Preferred (OTC Temp Ticker:…
Tweaking the Model with a Purchase
Tim McPartland | November 6, 2014
Continuing the slow move toward short duration securities we are buying Triangle Capital's 7% Senior Notes (ticker:TCC) which has a maturity date of 3/15/2019. This issue has a optional call date of 3/15/2015---meaning this issue could be called away in only 5 months. We will take a chance it won't be called--but if it is called the issue is trading at par…
CHS posts fiscal 2014 earnings of $1.1 billion; Second highest in history
Tim McPartland | November 6, 2014
