Entergy Texas Inc. 5.375% Series A Preferred Stock, Cumulative, No Par Value

By: ,

Date Issued 9/3/2019

Shares Issued  1,400,000       Overallotment Shares   0

Security Ticker Symbol  ETI-      OTC Grey Market ETREP

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Market Traded ON   NYSE

Dividend Payment Paid on the 15th of  January, April, July and October beginning on 1/15/2020

Quarterly Dividend   .3125   Annual Dividend  1.25

Securities may be redeemed, at the issuers option, as early as 10/15/2024 for a redemption price of $25/share plus accrued dividend

Dividend Payments Will be Qualified Distributions.

Maturity Date   None

 

Click here to find the offering Prospectus and or final pricing documents

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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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