Featured Articles

Miller Energy Resources 10.5% Fixed to Floating Cumulative Redeemable Preferred Stock

Tim McPartland | October 2, 2013
S&P Rating   NR    Moodys Rating   NRSecurity Ticker Symbol   MILL-DMarket Traded ON   NYSEDividend Payment Paid on the 1st of March, June, September and December beginning on 12/01/2013Quarterly Dividend   .656   Annual Dividend   2.625On and after 12/1/2018 will float and the dividend will be 3 month libor plus 9.073% Securities may be redeemed, at the issuers option, as early as 12/01/2018  the call…

U.S. Royalty Trusts

Tim McPartland | September 29, 2013
  U.S. Royalty Trusts are another 'pass through' vehicle available to get income from the corporation to the individual with only 1 level of taxation (the individual income tax). IN GENERAL Trusts have no employees Own no land or any other hard asset, except the right to receive either a percentage of net income or revenue from a production asset…

Credit Rating Info

Tim McPartland | September 29, 2013
[av_textblock size='' font_color='' color=''] Below are the definitions for the credit ratings used for Preferred Stocks and Exchange Traded Debt Issues S&P        Investment Grade  AAA, AA, A, BBB, BBB- Speculative Grade  BB+, BB, B, CCC, CC, C, D> Moodys  Investment Grade  Aaa, Aa, A, Baa Speculative Grade  Ba, B, Caa, Ca, C Moodys may add 1, 2 or…

OFG Bancorp 7.125% Non Cumulative, Perpetual Preferred Stock

Tim McPartland | September 27, 2013
 S&P Rating   NR   Moodys Rating   NRSecurity Ticker Symbol   OFG-DMarket Traded ON   NYSEDividend Payment Paid on the 15th of January, April, July, October starting 01/15/2013Monthly Dividend   .443   Annual Dividend   1.781Securities may be redeemed, at the issuers option, as early as 11/15/2017 for a redemption price of $25/share plus accrued dividendsDividend Payment Likely Will be a Qualified DistributionsMaturity Date   None Company…

Business Development Companies (BDC’s)

Tim McPartland | September 19, 2013
A Business Development Company (also known as a BDC) is a public corporation that invests in small and mid sized companies through the use of loans or in some cases equity. Typically the BDC is looking to invest in a company that will grow rapidly and profitably.  Obviously the idea is to grow the investment.  Generally the BDC makes loans…
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