Pacific Gas and Electric % Cumulative Preferred Stock
By: Tim McPartland,
IPO 06/09/2013 ($25/Sh) 800,000 Sh 120,000 Sh
S&P Rating NR Moodys Rating NR
Security Ticker Symbol SB-B
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Market Traded ON NYSE
Dividend Payment Paid on the 30th of January, April, July and October beginning on 07/30/2013
Quarterly Dividend .50 Annual Dividend 2.00
Securities may be redeemed, at the issuers option, as early as 07/30/2018 for a redemption price of $25/share plus accrued dividends
Dividend Payment Likely Will be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Safe Bulkers
Below you can find the offering Prospectus and Final Pricing Document
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Tim McPartland
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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.
