Featured Articles
Cenex Harvest States Coop 8% Cumulative Redeemable Preferred Stock
Tim McPartland | August 29, 2013
S&P Rating NR Moodys Rating NRSecurity Ticker Symbol CHSCPMarket Traded ON NYSEDividend Payment Paid on the 30th of March, June, September and December beginning on 03/31/2003Quarterly Dividend .500 Annual Dividend 2.000Securities may be redeemed, at the issuers option, as early as 07/18/2023 for a redemption price of $25/share plus accrued dividends (Date changed by the board from 02/01/2008)Dividend Payment…
SunTrust Banks Variable Rate (4% Min) Perpetual Preferred Stock
Tim McPartland | August 29, 2013
ORIGINALLY CUMULATIVE - NOW NON CUMULATIVES&P Rating BB+ Moodys Rating Baa3Security Ticker Symbol STI-AMarket Traded ON NYSEDividend Payment Paid on the 15th of March, June, September and December beginning on 12/15/2006Quarterly Dividend .250 Annual Dividend 1.00Dividends will float at a rate of 3 month Libor plus .53% or a minimum of 4%Securities may be redeemed, at the…
Seaspan 7.95% Cumulative, Redeemable, Perpetual Preferred Stock
Tim McPartland | August 29, 2013
S&P Rating NR Moodys Rating NRSecurity Ticker Symbol SSW-DMarket Traded ON NYSEDividend Payment Paid on the 30th of January, April, July and October beginning on 01/30/2013Quarterly Dividend .497 Annual Dividend 1.988Securities may be redeemed, at the issuers option, as early as 01/30/2018 for a redemption price of $25/share plus accrued dividendsDividend Payment Likely Will be a Qualified DistributionsMaturity Date…
Tri-Continental Corp 5% Cumulative Preferred Stock
Tim McPartland | August 29, 2013
S&P Rating NR Moodys Rating NRSecurity Ticker Symbol TY-Market Traded ON NYSEDividend Payment Paid on the 4th of January, April, July and October.Quarterly Dividend .625 Annual Dividend 2.500Securities may be redeemed anytime at a redemption price of $55/shareDividend Payment Likely Will be a Qualified DistributionsMaturity Date NoneSHARES CAN BE REDEEMED ANYTIME AT A REDEMPTION PRICE OF…
Tortoise Energy 3.95% Mandatory Redeemable Preferred Stock
Tim McPartland | August 29, 2013
S&P Rating NR Moodys Rating NRSecurity Ticker Symbol TYG-C (previously TYY-C TYY merged into TYG)Market Traded ON NYSEDividend Payment Paid on the 1st of each month beginning on 06/1/2012Quarterly Dividend .033 Annual Dividend .395Securities may be redeemed, at the issuers option, as early as Anytime (Mandatory Redemption 2018) for a redemption price of $10/share plus accrued dividendsDividend Payment Likely…