Priority Income Fund 6.625% Series C Term Preferred Stock due 2024
By: Tim McPartland,
Date Issued 2/22/2019
Shares Offered 1,400,000 Overallotment Shares 210,000
S&P Rating NR Moodys Rating NR
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Security Ticker Symbol PRIF-C OTC Ticker PRNCP
Market Traded ON NASDAQ
Dividend Payment Paid on the last day of March, June, September and December beginning 3/31/2019
Monthly Dividend .414 Annual Dividend 1.656
Securities may be redeemed, at the issuers option, as early as 2/22/2021 the call price is $25 plus accrued dividends.
Dividend Payment Will likely BE Qualified Distributions.
Maturity Date (Mandatory Redemption Date) 6/30/2024
Click here to find the offering Prospectus and/or 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.
