DDR Corp 6.375% Series A Cumulative, Redeemable Preferred Stock

By: ,

Date Issued  6/2/2017

Shares Issued   7,000,000      Overallotment Shares   0

S&P Rating   BB       Moodys Rating   Ba1


Security Ticker Symbol   DDR-K      OTC Grey Market    DDRP

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of January, April, July and October beginning on 07/15/2017

Quarterly Dividend   .398  Annual Dividend   1.594

Securities may be redeemed, at the issuers option, as early as 06/05/2022  the call price is $25 plus accrued dividends

Dividend Payment will NOT  be Qualified Distributions

Distributions on preferred stocks of Real Estate Investment Trusts are NOT qualified distribution.

Maturity Date   None



Company Investor Relations Page for DDR Corp

Click Here to find the offering Prospectus and Final Pricing Document


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Tim McPartland
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.
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