1347 Property Insurance Holdings 8% Cumulative Preferred Stock
By: Tim McPartland,
Date Issued 2/22/2018
Shares Sold 640,000 Overallotment Shares 96,000
S&P Rating NR Moodys Rating NR
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Security Ticker Symbol PIHPP OTC Temporary Ticker
Market Traded ON Nasdaq
Dividend Payment Paid on the 15th of March, June, September and December beginning on 06/15/2018.
Quarterly Dividend .50 Annual Dividend 2.00
Securities may be redeemed, at the issuers option, as early as 2/28/2023 the call price is $25 plus accrued dividends
Dividend Payment will be Qualified Distributions
Maturity Date None
Company Investor Relations Page for 1347 Property Insurance Holdings
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Click Here to find the offering Prospectus and Final Pricing Document
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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.
