Featured Articles
Principal Financial Group 6.518% Fixed to Floating Non Cumulative Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BB+ Moodys Rating Baa3Security Ticker Symbol PFG-BMarket Traded ON NYSEDividend Payment Paid on the 30th of March, June, September and December beginning on 09/30/2005Quarterly Dividend .408 Annual Dividend 1.630Dividend is fixed until 6/30/2035 then floats at 2.10% plus the higher of 3 month libor, 10 year Constant Maturity Treasury rate or 30 year Constant Maturity…
Prudential PLC 6.75% Non Cumulative Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BBB+ Moodys Rating NRSecurity Ticker Symbol PUK-Market Traded ON NYSEDividend Payment Paid on the 23rd of March, June, September and December beginning on 09/23/2004Quarterly Dividend .422 Annual Dividend 1.688Securities may be redeemed, at the issuers option, as early as 09/23/2009 for a redemption price of $25/share plus accrued dividendsDividend Payment Will Likely be a Qualified DistributionsMaturity Date None Company…
MetLife Floating Rate (Min 4%) Non Cumulative Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BBB- Moodys Rating Baa2Security Ticker Symbol MET-AMarket Traded ON NYSEDividend Payment Paid on the 15th of March, June, September and December beginning on 09/15/2005Quarterly Dividend .250 Annual Dividend 1.000Quarterly dividend is either 1% above the 3 month libor rate or a 4% minimum (thus it will be 4% for a long time)Securities may be redeemed,…
Capital One Financial 6% Non Cumulative Perpetual Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BB+ Moodys Rating Baa3Security Ticker Symbol COF-PMarket Traded ON NYSEDividend Payment Paid on the 1st of March, June, September and December beginning on 12/01/2012Quarterly Dividend .375 Annual Dividend 1.500Securities may be redeemed, at the issuers option, as early as 09/01/2017 for a redemption price of $25/share plus accrued dividendsDividend Payment Will Likely be a Qualified DistributionsMaturity Date None Company…
Ally Financial 8.5% Fixed to Floating Perpetual Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating NR Moodys Rating NRSecurity Ticker Symbol ALLY-BMarket Traded ON NYSEDividend Payment Paid on the 15th of February, May, August and November beginning on 5/15/2006Quarterly Dividend .531 Annual Dividend 2.125Beginning 5/16/2016 dividends will be 3 month libor plus 6.243%Securities may be redeemed, at the issuers option, as early as 05/15/2016 for a redemption price of $25/share plus accrued…
