Highland Income Fund 5.375% Series A Cumulative Preferred Stock

By: ,

Date Issued   8/2/2019

Shares Issued 5,400,000   Overallotment Shares  None

S&P Rating   NR   Moodys Rating   A1


Security Ticker Symbol   HFRO-A   OTC Temp Ticker   HFROP

Market Traded ON   NYSE

Dividend Payment Paid on the last day of March, June, September and December beginning on 9/30/2019

Quarterly Dividend   .336   Annual Dividend 1.344

Securities may be redeemed, at the issuers option, as early as 09/30/2024 for a redemption price of $25/share plus accrued dividends


Dividend Payment Likely Will be a Qualified Distributions

Maturity Date   None


Click here to find the offering prospectus

Tim McPartland

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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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