Featured Articles
State Street Corp 5.25% Non Cumulative Perpetual Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BBB+ Moodys Rating Baa1Security Ticker Symbol STT-CMarket Traded ON NYSEDividend Payment Paid on the 15th of March, June, September and December beginning on 12/15/2012Quarterly Dividend .328 Annual Dividend 1.313Securities may be redeemed, at the issuers option, as early as 09/15/2017 for a redemption price of $25/share plus accrued dividendsDividend Payment Will Likely be a Qualified DistributionsMaturity Date None Company…
Santander Finance 6.8% Non Cumulative Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BBB- Moodys Rating Ba2Security Ticker Symbol SAN-AMarket Traded ON NYSEDividend Payment Paid on the 21st of February, May, August and November beginning on 11/21/2007Quarterly Dividend .425 Annual Dividend 1.700Securities may be redeemed, at the issuers option, as early as 11/21/2011 for a redemption price of $25/share plus accrued dividendsDividend Payment Will Likely be a Qualified DistributionsMaturity Date None Company…
Santander Finance Floating Rate (4% Min) Non Cumulative Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BBB- Moodys Rating Ba2Security Ticker Symbol SAN-BMarket Traded ON NYSEDividend Payment Paid on the 5th of March, June, September and December beginning on 12/05/2007Quarterly Dividend .250 Annual Dividend 1.000Dividends will float at a rate of 3 month Libor plus .53% or a minimum of 4%Securities may be redeemed, at the issuers option, as early as 03/05/2017 for…
Prudential PLC 6.50% Non Cumulative, Perpetual Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BBB+ Moodys Rating NRSecurity Ticker Symbol PUK-AMarket Traded ON NYSEDividend Payment Paid on the 23rd of March, June, September and December beginning on 09/23/2005Quarterly Dividend .406 Annual Dividend 1.625Securities may be redeemed, at the issuers option, as early as 09/23/2010 for a redemption price of $25/share plus accrued dividendsDividend Payment Will Likely be a Qualified DistributionsMaturity Date None Company…
PNC Financial Services Group 6.125% Fixed to Floating Non Cumulative, Perpetual Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BBB Moodys Rating Baa3Security Ticker Symbol PNC-PMarket Traded ON NYSEDividend Payment Paid on the 1st of February, May, August and November beginning on 06/01/2013Quarterly Dividend .383 Annual Dividend 1.531Dividends will be fixed at 6.125% until 5/1/2022 and then dividend will float at 3 month libor plus 4.0675%Securities may be redeemed, at the issuers option, as early…
