Featured Articles
American Homes 4 Rent 5% Participating Preferred Stock
Tim McPartland | December 11, 2013
S&P Rating NR Moodys Rating NR Security Ticker Symbol AMH-B Market Traded ON NYSE Dividend Payment Paid on the last day of March, June, September and December beginning on 3/31/2014 Quarterly Dividend .313 Annual Dividend 1.25 Securities may be redeemed, at the issuers option, as early as 12/31/2017 for a redemption price of $25/share plus accrued dividends, PLUS accrued appreciations rights…
Morgan Stanley 6.875% Fixed to Floating Rate Non Cumulative Preferred Stock
Tim McPartland | December 8, 2013
S&P Rating BB+ Moodys Rating Ba3Security Ticker Symbol MS-F OTC Temp Ticker MSTNLMarket Traded ON NYSEDividend Payment Paid on the 15th of January, April, July and October beginning on 1/15/2014Quarterly Dividend .4297 Annual Dividend 1.719Floating rate starting 1/15/2024 is 3 month libor plus 3.94%.Securities may be redeemed, at the issuers option, as early as 1/15/2024 for a redemption…
Real Estate Investment Trusts (REITs) – Paying Monthly Dividends
Tim McPartland | December 8, 2013
Many investors prefer to purchase securities that pay a monthly dividend instead of one paying quarterly. The advantages of a monthly payment is 1) it makes for a even amount of dividends received month to month and 2) it reduces the volitility of the shares when going 'ex-dividend' (it will move less to the downside on the ex dividend date…
Allstate Corp 6.625% Non Cumulative Perpetual Preferred (LEOPARDS*)
Tim McPartland | December 4, 2013
Security Ticker Symbol ALL-D Market Traded ON NYSE Dividend Payment Paid on the 15th of January, April, July and October beginning on 04/15/2014 Quarterly Dividend .414 Annual Dividend 1.656 Securities may be redeemed, at the issuers option, as early as 4/15/2019 for a redemption price of $25/share plus accrued dividends. There is a 'make whole' payment of 45 basis points for redemptions…
Premium Brands Holdings Revisited
Tim McPartland | December 1, 2013
Back in March (2013) we took a position in a Canadian food company by the name of Premium Brands Holdings (OTC ticker:PCBZF). This is a company, like the majority of Canadian companies, that is unknown in the United States to the retail investor. U.S. investors tend to think that U.S. companies are all there is to invest in--thus they generally…