Priority Income Fund 6.25% Series B Term Preferred Stock Due 2023
By: Tim McPartland,
Date Issued 10/19/2018
Shares Offered 900,000 Overallotment Shares 0
S&P Rating NR Moodys Rating NR
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Security Ticker Symbol PRIF-B OTC Ticker N/A
Market Traded ON NASDAQ
Dividend Payment Paid on the last day of March, June, September and December beginning 12/31/2018
Monthly Dividend .39 Annual Dividend 1.5625
Securities may be redeemed, at the issuers option, as early as 10/23/2020 the call price is $25 plus accrued dividends.
Dividend Payment Will BE Qualified Distributions.
Maturity Date (Mandatory Redemption Date) 12/31/2023
Click here to 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.
