Featured Articles
PNC Financial Services Group 6.125% Fixed to Floating Non Cumulative, Perpetual Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BBB Moodys Rating Baa3Security Ticker Symbol PNC-PMarket Traded ON NYSEDividend Payment Paid on the 1st of February, May, August and November beginning on 06/01/2013Quarterly Dividend .383 Annual Dividend 1.531Dividends will be fixed at 6.125% until 5/1/2022 and then dividend will float at 3 month libor plus 4.0675%Securities may be redeemed, at the issuers option, as early…
PNC Financial Services Group 5.375% Non Cumulative. Perpetual Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BBB Moodys Rating Baa3Security Ticker Symbol PNC-QMarket Traded ON NYSEDividend Payment Paid on the 1st of March, June, September and December beginning on 12/01/2012Quarterly Dividend .336 Annual Dividend 1.344Securities may be redeemed, at the issuers option, as early as 12/01/2017 for a redemption price of $25/share plus accrued dividendsDividend Payment Will Likely be a Qualified DistributionsMaturity Date None Company…
Discover Financial Services 6.50% Non Cumulative Perpetual Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BB Moodys Rating B1Security Ticker Symbol DFS-BMarket Traded ON NYSEDividend Payment Paid on the 1st of March, June, September and December beginning on 12/1/2012Quarterly Dividend .406 Annual Dividend 1.625Securities may be redeemed, at the issuers option, as early as 10/30/2017 for a redemption price of $25/share plus accrued dividendsDividend Payment Will Likely be a Qualified DistributionsMaturity Date None Company…
Bank of America Floating Rate (4% Min) Non Cumulative Preferred Stock
Tim McPartland | August 25, 2013
S&P Rating BB+ Moodys Rating NRSecurity Ticker Symbol BAC-EMarket Traded ON NYSEDividend Payment Paid on the 15th of February, May, August and November beginning on 02/15/2007Quarterly Dividend .250 Annual Dividend 1.000Dividends will float at the rate of 3 month libor plus .35% or a 4% minimum.Securities may be redeemed, at the issuers option, as early as 11/15/2011 for a…
Bank of America Floating Rate (4% Min) Non Cumulative Preferred Stock
Tim McPartland | August 25, 2013
Originally issued by Merrill LynchS&P Rating BB+ Moodys Rating NRSecurity Ticker Symbol BML-JMarket Traded ON NYSEDividend Payment Paid on the 28th of February, May, August and November beginning on 02/28/2006Quarterly Dividend .250 Annual Dividend 1.000Dividends float at the rate of .75% plus 3 month libor or a minimum of 4%.Securities may be redeemed, at the issuers option, as…
