Featured Articles
Wells Fargo 5.20% Non Cumulative Perpetual Preferred
Tim McPartland | May 30, 2014
S&P Rating BBB+ Moodys Rating Baa3Security Ticker Symbol WFC-NMarket Traded ON NYSEDividend Payment Paid on the 15th of March, June, September and December beginning on 09/15/2012Quarterly Dividend .325 Annual Dividend 1.30Securities may be redeemed, at the issuers option, as early as 9/15/2017 for a redemption price of $25/share plus accrued dividendsDividend Payment Will Likely be a Qualified DistributionMaturity Date None Company…
Wells Fargo 5.85% Fixed to Floating Non Cumulative Preferred
Tim McPartland | May 30, 2014
S&P Rating BBB+ Moodys Rating Baa3Security Ticker Symbol WFC-QMarket Traded ON NYSEDividend Payment Paid on the 15th of March, June, September and December beginning on 09/15/2013Quarterly Dividend .366 Annual Dividend 1.4625Securities may be redeemed, at the issuers option, as early as 9/15/2023 for a redemption price of $25/share plus accrued dividendsAfter 9/15/2023 dividend rate will change to 3 month…
Oxford Lane Capital Corp 8.125% Series 2024 Preferred Stock (Monthly)
Tim McPartland | May 29, 2014
Series 2024 Term Preferred Stock Issue Date 6/5/2014Shares Issued 1,120,000 Overallotment Shares 168,000Secondary Issue 11/20/2014Shares Issued 1,000,000 Overallotment Shares 150,000S&P Rating NR Moodys Rating NRSecurity Ticker Symbol OXLCN OTC Temp Ticker OXLPPMarket Traded ON NASDAQDividend Payment Paid Monthly on the last day of the month beginning on July 31, 2014Monthly Dividend .17 Annual Dividend 2.031Securities may be…
Oxford Lane Capital Corp 8.125% Series 2024 Cumulative Preferred Stock (Monthly)
Tim McPartland | May 29, 2014
Series 2024 Term Preferred Stock S&P Rating NR Moodys Rating NRSecurity Ticker Symbol OXLCNMarket Traded ON NASDAQDividend Payment Paid Monthly on the last day of the month beginning on July 31, 2014Monthly Dividend .17 Annual Dividend 2.0313Securities may be redeemed, at the issuers option, as early as 6/30/2017 for a redemption price of $25/share plus accrued dividendsDividend Payment Likely Will NOT…
Breitburn Energy Partners Series A 8.25% Cumulative Redeemable Perpetual Preferred Units
Tim McPartland | May 15, 2014
Date of Issue 5/15/2014Units Sold 7,000,000 Ovder-allotment Shares 1,000,000S&P Rating NR Moodys Rating NRSecurity Ticker Symbol BBEPP OTC Temp Ticker BBEPUMarket Traded ON NASDAQDividend Payment Paid on the 15th of each month beginning on 07/15/2014Monthly Dividend .172 Annual Dividend 2.0625 Securities may be redeemed, at the issuers option, as early as 05/15/2019 for a redemption price…