Featured Articles
Midcoast Energy Partners LP ( a New MLP)
Tim McPartland | November 10, 2013
Ticker Symbol MEPMarket Traded On NYSEMinimum Quarterly Distribution .3125/shareOffering Price $18.00Initial Yield 6.9%Company Website Midcoast Energy Partners Midcoast Energy Partners which is sponsored by Enbridge Energy Partners LP. Midcoast is trading under the ticker MEP on the NYSE and was launched at $18/share. Midcoast is operating midstream natural gas…
Morgan Stanley 7.125% Fixed to Floating Rate Non Cumulative Preferred Stock
Tim McPartland | November 8, 2013
S&P Rating BB+ Moodys Rating Ba3Security Ticker Symbol MS-EMarket Traded ON NYSEDividend Payment Paid on the 15th of January, April, July and October beginning on 1/15/2014Quarterly Dividend .445 Annual Dividend 1.7812Floating rate starting 10/15/2023 is 3 month libor plus 4.32%.Securities may be redeemed, at the issuers option, as early as 10/15/2023 for a redemption price of $25/share plus accrued…
Equity Lifestyle 6.75% Cumulative Redeemable Preferred
Tim McPartland | November 5, 2013
S&P Rating NR Moodys Rating NRSecurity Ticker Symbol ELS-CMarket Traded ON NYSEDividend Payment Paid on the last day of March, June, September and December beginning on 12/30/2012Quarterly Dividend .422 Annual Dividend 1.688Securities may be redeemed, at the issuers option, as early as 09/7/2017 for a redemption price of $25/share plus accrued dividendsDistribution Payment Will NOT be a Qualified Distribution -- Dividends…
Heco Capital Trust III Preferred 6.5%
Tim McPartland | November 5, 2013
S&P Rating NR Moodys Rating NRSecurity Ticker Symbol HE-UMarket Traded ON NASDAQInterest Payment Paid on the last day of March, June, September and December beginning on 06/30/2004Quarterly Interest .41 Annual Interest 1.64Securities may be redeemed, at the issuers option, as early as 03/18/2009 for a redemption price of $25/share plus accrued interestDistribution Payment Will NOT be a Qualified Distributions -- Payment…
Ameriserv Financial Capital I Trust 8.45% Beneficial Preferred
Tim McPartland | November 4, 2013
PREVIOUSLY USBANCORP S&P Rating NR Moodys Rating NR Security Ticker Symbol ASRVP Market Traded ON NASDAQ Interest Payment Paid on the 27th of February, May, August and November beginning on 06/30/1998 Quarterly Interest .53 Annual Interest 2.12 Securities may be redeemed, at the issuers option, as early as 06/30/2003 for a redemption price of $25/share plus accrued interest Distribution…