Drive Shack 9.75% Cumulative, Redeemable Preferred Stock
By: Tim McPartland,
FORMERLY NEWCASTLE INVESTMENT
S&P Rating NR Moodys Rating NR
Security Ticker Symbol DS-B
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Market Traded ON NYSE
Dividend Payment Paid on the last day of January, April, July and October beginning on 04/30/2003
Quarterly Dividend .609 Annual Dividend 2.438
Securities may be redeemed, at the issuers option, as early as 03/18/2008 the call price is $25 plus accrued dividends
Dividend Payment will be Qualified Distributions
Maturity Date None
Company Investor Relations Page for Newcastle Investment
Below you can find the offering Prospectus and/or 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.
