Featured Articles
New Master Limited Partnership Valero Energy Partners Jumps Higher
Tim McPartland | December 16, 2013
December 16, 2013 11 pmNew master limited partnership Valero Energy Partners LP (ticker:VLP) which was formed by big refiner Valero Energy (ticker:VLO) came public last week at $23/share and closed today at $28.75. It is amazing that the MLP which has a proposed minimum distribution of 21.25 cents/quarter (3% at todays close) can fly so far so fast.Valero Energy Partners…
American Homes 4 Rent 5% Participating Preferred Stock
Tim McPartland | December 11, 2013
S&P Rating NR Moodys Rating NR Security Ticker Symbol AMH-B Market Traded ON NYSE Dividend Payment Paid on the last day of March, June, September and December beginning on 3/31/2014 Quarterly Dividend .313 Annual Dividend 1.25 Securities may be redeemed, at the issuers option, as early as 12/31/2017 for a redemption price of $25/share plus accrued dividends, PLUS accrued appreciations rights…
Morgan Stanley 6.875% Fixed to Floating Rate Non Cumulative Preferred Stock
Tim McPartland | December 8, 2013
S&P Rating BB+ Moodys Rating Ba3Security Ticker Symbol MS-F OTC Temp Ticker MSTNLMarket Traded ON NYSEDividend Payment Paid on the 15th of January, April, July and October beginning on 1/15/2014Quarterly Dividend .4297 Annual Dividend 1.719Floating rate starting 1/15/2024 is 3 month libor plus 3.94%.Securities may be redeemed, at the issuers option, as early as 1/15/2024 for a redemption…
Real Estate Investment Trusts (REITs) – Paying Monthly Dividends
Tim McPartland | December 8, 2013
Many investors prefer to purchase securities that pay a monthly dividend instead of one paying quarterly. The advantages of a monthly payment is 1) it makes for a even amount of dividends received month to month and 2) it reduces the volitility of the shares when going 'ex-dividend' (it will move less to the downside on the ex dividend date…
Allstate Corp 6.625% Non Cumulative Perpetual Preferred (LEOPARDS*)
Tim McPartland | December 4, 2013
Security Ticker Symbol ALL-D Market Traded ON NYSE Dividend Payment Paid on the 15th of January, April, July and October beginning on 04/15/2014 Quarterly Dividend .414 Annual Dividend 1.656 Securities may be redeemed, at the issuers option, as early as 4/15/2019 for a redemption price of $25/share plus accrued dividends. There is a 'make whole' payment of 45 basis points for redemptions…