Featured Articles
Zions Bancorporations 6.3% Fixed to Floating Non Cumulative, Perpetual Preferred Stock
Tim McPartland | August 18, 2013
S&P Rating BB Moodys Rating B1Security Ticker Symbol ZB-GMarket Traded ON NYSEDividend Payment Paid on the 15th of March, June, September and December beginning on 6/15/2013Quarterly Dividend .3938 Annual Dividend 1.575Fixed Rate Until 3/15/2023 then floating at a rate of 3 month Libor plus 4.24%Securities may be redeemed, at the issuers option, as early as 03/15/2023 for a redemption…
Aspen Insurance Holdings 5.95% Fixed to Floating Rate Non Cumulative Perpetual Preferred Stock
Tim McPartland | August 17, 2013
S&P Rating BBB- Moodys Rating Ba1Security Ticker Symbol AHL-CMarket Traded ON NYSEDividend Payment Paid on the 1st of January, April, July and October beginning on 07/01/2013Quarterly Dividend .3719 Annual Dividend 1.4875 (Fixed Until 5/9/2023)Floating Dividend Starting 07/01/2023 3 month Libor plus 4.06%Securities may be redeemed, at the issuers option, as early as 07/01/2023 for a redemption price of $25/share…
Goldman Sachs 5.5% Fixed to Floating Non Cumulative Preferred Stock
Tim McPartland | August 17, 2013
S&P Rating BB+ Moodys Rating Ba1Security Ticker Symbol GS-JMarket Traded ON NYSEDividend Payment Paid on the 10th of February, May, August and November beginning on 08/10/2013Quarterly Dividend .3438 Annual Dividend 1.375 (Fixed Until 5/9/2023)Floating Dividend Starting 5/10/2023 3 month Libor plus 3.64%Securities may be redeemed, at the issuers option, as early as 05/10/2023 for a redemption price of $25/share…
Astoria Financial 6.50% Non Cumulative Perpetual Preferred Stock
Tim McPartland | August 17, 2013
S&P Rating BB Moodys Rating Ba2Security Ticker Symbol AF-CMarket Traded ON NYSEDividend Payment Paid on the 15th of January, April, July and October beginning on 07/15/2013Quarterly Dividend .4063 Annual Dividend 1.625Securities may be redeemed, at the issuers option, as early as 04/15/2018 for a redemption price of $25/share plus accrued dividendsDividend Payment Will Likely be a Qualified DistributionMaturity Date None Company…
Cullen Frost Banker 5.375% Non Cumulative Perpetual Preferred Stock
Tim McPartland | August 17, 2013
S&P Rating BBB+ Moodys Rating Baa1Security Ticker Symbol CFR-AMarket Traded ON NYSEDividend Payment Paid on the 15th of March, June, September and December beginning on 06/15/2013Quarterly Dividend .3359 Annual Dividend 1.3438Securities may be redeemed, at the issuers option, as early as 03/15/2018 for a redemption price of $25/share plus accrued dividendsDividend Payment Will Likely be a Qualified DistributionsMaturity Date None Company…