Featured Articles
Costamare Inc 7.625% Cumulative, Redeemable, Perpetual Preferred Stock
Tim McPartland | August 15, 2013
Date Issued 7/30/2013 Shaers Issued 2,000,000 Overallotment Shares 300,000 ShS&P Rating NR Moodys Rating NRSecurity Ticker Symbol CMRE-BMarket Traded ON NYSEDividend Payment Paid on the 15th of January, April, July and October beginning on October 15, 2013Monthly Dividend .4766 Annual Dividend 1.9063Securities may be redeemed, at the issuers option, as early as 8/6/2018 for a redemption price of…
Oxford Lane Capital Corp 7.50% Preferred Stock – Monthly
Tim McPartland | August 15, 2013
Series 2023 Term Preferred Stock S&P Rating NR Moodys Rating NR Security Ticker Symbol OXLCO Market Traded ON NASDAQ Dividend Payment Paid Monthly on the last day of the month beginning on July 31, 2013 Monthly Dividend .156 Annual Dividend 1.875 Securities may be redeemed, at the issuers option, as early as…
Revisiting Buying Preferred Stocks on the OTC Grey Market
Tim McPartland | August 4, 2013
January 29, 2016 We frequently get questions on buying preferred stocks at “wholesale” prices before they are listed on the NYSE or NASDAQ. Here’s a primer about the process. When preferred shares are registered, the terms and conditions of the offering are negotiated with the underwriters. One of those negotiations to bring to your attention is how much the underwriter…