Goldman Sachs 5.5% Fixed to Floating Non Cumulative Preferred Stock
By: Tim McPartland,
S&P Rating BB+ Moodys Rating Ba1
Security Ticker Symbol GS-J
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Market Traded ON NYSE
Dividend Payment Paid on the 10th of February, May, August and November beginning on 08/10/2013
Quarterly 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 plus accrued dividends
Dividend Payment Will Likely be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Goldman Sachs
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Below you can find the offering Prospectus and Final Pricing Document
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Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
