Mid-America Apartments 8 1/2% Cumulative, Redeemable Preferred Stock

By: ,

Previously Post Properties

$50/Share Issue

S&P Rating   BB   Moodys Rating   Baa3

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Security Ticker Symbol   PPS-A

Market Traded ON   NYSE

Dividend Payment Paid on the last day of March, June, September and December beginning on 12/31/1996

Quarterly Dividend   1.063   Annual Dividend   4.250

Securities may be redeemed, at the issuers option, as early as 10/21/2026  the call price is $25 plus accrued dividends

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Dividend Payment NOT will be Qualified Distributions (Preferred Stocks of REITs DO NOT pay Qualified Distributions)

Maturity Date   None

 

Company Investor Relations Page for Post Properties

Below you can find the offering Prospectus and Final Pricing Document

Tim McPartland

Connect with Tim McPartland

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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