Tag Archives: Preferred Stock Channel

Business, Finance, Occupation & Industry

OFG Bancorp's Non-Cumulative Monthly Income Preferred Stock, Series A Shares Cross 7% Yield Mark

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By DividendChannel.com

In trading on Tuesday, shares of OFG Bancorp’s 7.125% Non-cumulative Monthly Income Preferred Stock, Series A (NYSE: OFG.PRA) were yielding above the 7% mark based on its monthly dividend (annualized to $1.7812), with shares changing hands as low as $25.17 on the day. This compares to an average yield of 5.35% in the “Financial” preferred stock category, according to Preferred Stock Channel. As of last close, OFG.PRA was trading at a 2.40% premium to its liquidation preference amount, versus the average premium of 0.68% in the “Financial” category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.
Click here to find out the 50 highest yielding preferreds, at PreferredStockChannel.com » …read more

Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Cash Dividend On The Way From Citigroup Non-Cumulative Preferred Stock, Series AA

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By DividendChannel.com

On 8/1/13, Citigroup Inc’s 8.125% Non-Cumulative Preferred Stock, Series AA (NYSE: C.PRP) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 8/15/13. As a percentage of C.PRP’s recent share price of $29.71, this dividend works out to approximately 1.71%, so look for shares of C.PRP to trade 1.71% lower ? all else being equal ? when C.PRP shares open for trading on 8/1/13. On an annualized basis, the current yield is approximately 6.83%, which compares to an average yield of 5.35% in the “Financial” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more

Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Cash Dividend On The Way From Boston Properties Series B Cumulative Redeemable Preferred Stock

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By DividendChannel.com

On 8/1/13, Boston Properties, Inc.’s 5.25% Series B Cumulative Redeemable Preferred Stock (NYSE: BXP.PRB) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 8/15/13. As a percentage of BXP.PRB’s recent share price of $24.38, this dividend works out to approximately 1.35%, so look for shares of BXP.PRB to trade 1.35% lower ? all else being equal ? when BXP.PRB shares open for trading on 8/1/13. On an annualized basis, the current yield is approximately 5.39%, which compares to an average yield of 6.65% in the “Real Estate” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more

Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

PG&E Corp.'s Redeemable 1st Preferred Shares Cross 5% Yield Mark

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By DividendChannel.com

In trading on Monday, shares of PG&E Corp.’s 4.5% Redeemable 1st Preferred (AMEX: PCG.PRH) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.125), with shares changing hands as low as $21.40 on the day. This compares to an average yield of 4.66% in the “Utilities” preferred stock category, according to Preferred Stock Channel. As of last close, PCG.PRH was trading at a 7.77% discount to its liquidation preference amount, versus the average discount of 1.83% in the “Utilities” category.
Click here to find out the 50 highest yielding preferreds, at PreferredStockChannel.com » …read more

Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Ex-Div Reminder for JPMorgan Chase Non-Cumulative Preferred Stock, Series P

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By DividendChannel.com

On 7/31/13, JPMorgan Chase & Co.’s 5.45% Non-Cumulative Preferred Stock, Series P (NYSE: JPM.PRA) will trade ex-dividend, for its quarterly dividend of $0.3406, payable on 9/1/13. As a percentage of JPM.PRA’s recent share price of $23.43, this dividend works out to approximately 1.45%, so look for shares of JPM.PRA to trade 1.45% lower ? all else being equal ? when JPM.PRA shares open for trading on 7/31/13. On an annualized basis, the current yield is approximately 5.81%, which compares to an average yield of 5.27% in the “Financial” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more

Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

SLM Corp.'s Cumulative Redeemable Preferred Stock, Series A Ex-Dividend Reminder

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By DividendChannel.com

On 7/17/13, SLM Corp.’s 6.97% Cumulative Redeemable Preferred Stock, Series A (NASD: SLMAP) will trade ex-dividend, for its quarterly dividend of $0.8712, payable on 7/30/13. As a percentage of SLMAP’s recent share price of $49.60, this dividend works out to approximately 1.76%, so look for shares of SLMAP to trade 1.76% lower ? all else being equal ? when SLMAP shares open for trading on 7/17/13. On an annualized basis, the current yield is approximately 7.00%, which compares to an average yield of 5.13% in the “Financial” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more

Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Oxford Lane Capital Corporation's Preferred Stock Series 2017 Ex-Dividend Reminder

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By DividendChannel.com

On 7/17/13, Oxford Lane Capital Corporation’s 8.50% Preferred Stock Series 2017 (NASD: OXLCP) will trade ex-dividend, for its monthly dividend of $0.1771, payable on 7/31/13. As a percentage of OXLCP’s recent share price of $26.20, this dividend works out to approximately 0.68%, so look for shares of OXLCP to trade 0.68% lower ? all else being equal ? when OXLCP shares open for trading on 7/17/13. On an annualized basis, the current yield is approximately 8.15%, which compares to an average yield of 5.13% in the “Financial” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more

Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Ex-Div Reminder for Urstadt Biddle Properties Series F Cumulative Redeemable Preferred Stock

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By DividendChannel.com

On 7/17/13, Urstadt Biddle Properties Inc’s 7.125% Series F Cumulative Redeemable Preferred Stock (NYSE: UBP.PRF) will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 7/31/13. As a percentage of UBP.PRF’s recent share price of $26.19, this dividend works out to approximately 1.70%, so look for shares of UBP.PRF to trade 1.70% lower ? all else being equal ? when UBP.PRF shares open for trading on 7/17/13. On an annualized basis, the current yield is approximately 6.76%, which compares to an average yield of 6.61% in the “Real Estate” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more

Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Ex-Div Reminder for Gladstone Investment Series A Cumulative Term Preferred Stock

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By DividendChannel.com

On 7/17/13, Gladstone Investment Corp’s 7.125% Series A Cumulative Term Preferred Stock (NASD: GAINP) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 7/31/13. As a percentage of GAINP’s recent share price of $26.28, this dividend works out to approximately 0.56%, so look for shares of GAINP to trade 0.56% lower ? all else being equal ? when GAINP shares open for trading on 7/17/13. On an annualized basis, the current yield is approximately 6.82%, which compares to an average yield of 5.13% in the “Financial” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more

Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Gladstone Capital Series 2016 Preferred Stock Ex-Dividend Reminder

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By DividendChannel.com

On 7/17/13, Gladstone Capital Corporation’s 7.125% Series 2016 Preferred Stock (NASD: GLADP) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 7/31/13. As a percentage of GLADP’s recent share price of $25.27, this dividend works out to approximately 0.59%, so look for shares of GLADP to trade 0.59% lower ? all else being equal ? when GLADP shares open for trading on 7/17/13. On an annualized basis, the current yield is approximately 7.00%, which compares to an average yield of 5.13% in the “Financial” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more

Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Gladstone Commercial Series B Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon

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By DividendChannel.com

On 7/17/13, Gladstone Commercial Corp’s 7.50% Series B Cumulative Redeemable Preferred Stock (NASD: GOODO) will trade ex-dividend, for its monthly dividend of $0.1562, payable on 7/31/13. As a percentage of GOODO’s recent share price of $25.26, this dividend works out to approximately 0.62%, so look for shares of GOODO to trade 0.62% lower ? all else being equal ? when GOODO shares open for trading on 7/17/13. On an annualized basis, the current yield is approximately 7.42%, which compares to an average yield of 6.61% in the “Real Estate” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more

Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Ex-Div Reminder for Saul Centers Series A Cumulative Redeemable Preferred Stock

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By DividendChannel.com

On 4/3/13, Saul Centers, Inc.’s 8% Series A Cumulative Redeemable Preferred Stock (NYSE: BFS.PRA) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 4/15/13. As a percentage of BFS.PRA‘s recent share price of $26.00, this dividend works out to approximately 1.92%, so look for shares of BFS.PRA to trade 1.92% lower ? all else being equal ? when BFS.PRA shares open for trading on 4/3/13. On an annualized basis, the current yield is approximately 7.70%, which compares to an average yield of 6.59% in the “Real Estate” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more
Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

CapLease Series A Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon

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By DividendChannel.com

On 4/2/13, CapLease Inc’s 8.125% Series A Cumulative Redeemable Preferred Stock (NYSE: LSE.PRA) will trade ex-dividend, for its quarterly dividend of $0.5078, payable on 4/15/13. As a percentage of LSE.PRA‘s recent share price of $25.61, this dividend works out to approximately 1.98%, so look for shares of LSE.PRA to trade 1.98% lower ? all else being equal ? when LSE.PRA shares open for trading on 4/2/13. On an annualized basis, the current yield is approximately 7.94%, which compares to an average yield of 6.59% in the “Real Estate” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more
Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

CapLease Series B Cumulative Redeemable Preferred Stock Ex-Dividend Reminder

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By DividendChannel.com

On 4/2/13, CapLease Inc’s 8.375% Series B Cumulative Redeemable Preferred Stock (NYSE: LSE.PRB) will trade ex-dividend, for its quarterly dividend of $0.5234, payable on 4/15/13. As a percentage of LSE.PRB‘s recent share price of $27.27, this dividend works out to approximately 1.92%, so look for shares of LSE.PRB to trade 1.92% lower ? all else being equal ? when LSE.PRB shares open for trading on 4/2/13. On an annualized basis, the current yield is approximately 7.75%, which compares to an average yield of 6.59% in the “Real Estate” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more
Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Ex-Div Reminder for Gabelli Dividend & Income Trust's Series D Cumulative Preferred Shares

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By DividendChannel.com

On 3/15/13, Gabelli Dividend & Income Trust’s 6.00% Series D Cumulative Preferred Shares (NYSE: GDV.PRD) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 3/26/13. As a percentage of GDV.PRD‘s recent share price of $28.15, this dividend works out to approximately 1.33%, so look for shares of GDV.PRD to trade 1.33% lower ? all else being equal ? when GDV.PRD shares open for trading on 3/15/13. On an annualized basis, the current yield is approximately 5.33%, which compares to an average yield of 3.08% in the “ETFs & CEFs” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more
Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Ex-Div Reminder for GDL Fund's Series B Preferred Shares

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By DividendChannel.com

On 3/15/13, GDL Fund’s Series B Cumulative Puttable and Callable Preferred Shares (NYSE: GDL.PRB) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 3/26/13. As a percentage of GDL.PRB‘s recent share price of $50.60, this dividend works out to approximately 0.74%, so look for shares of GDL.PRB to trade 0.74% lower ? all else being equal ? when GDL.PRB shares open for trading on 3/15/13. On an annualized basis, the current yield is approximately 2.97%, which compares to an average yield of 3.08% in the “ETFs & CEFs” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more
Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

The Gabelli Multimedia Trust's Series B Cumulative Preferred Stock Goes Ex-Dividend Soon

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By DividendChannel.com

On 3/15/13, The Gabelli Multimedia Trust Incorporated’s 6.00% Series B Cumulative Preferred Stock (NYSE: GGT.PRB) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 3/26/13. As a percentage of GGT.PRB‘s recent share price of $25.63, this dividend works out to approximately 1.46%, so look for shares of GGT.PRB to trade 1.46% lower ? all else being equal ? when GGT.PRB shares open for trading on 3/15/13. On an annualized basis, the current yield is approximately 5.86%, which compares to an average yield of 3.08% in the “ETFs & CEFs” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more
Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Gabelli Convertible & Income Securities Fund's Series B Preferred Stock Goes Ex-Dividend Soon

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By DividendChannel.com

On 3/15/13, Gabelli Convertible & Income Securities Fund’s Series B 6.00% Cumulative Preferred Stock (NYSE: GCV.PRB) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 3/26/13. As a percentage of GCV.PRB‘s recent share price of $25.67, this dividend works out to approximately 1.46%, so look for shares of GCV.PRB to trade 1.46% lower ? all else being equal ? when GCV.PRB shares open for trading on 3/15/13. On an annualized basis, the current yield is approximately 5.85%, which compares to an average yield of 3.08% in the “ETFs & CEFs” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more
Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

The Gabelli Healthcare & Wellness Series A Cumulative Preferred Shares Ex-Dividend Reminder

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By DividendChannel.com

On 3/15/13, The Gabelli Healthcare & Wellness 5.76% Series A Cumulative Preferred Shares (NYSE: GRX.PRA) will trade ex-dividend, for its quarterly dividend of $0.36, payable on 3/26/13. As a percentage of GRX.PRA‘s recent share price of $27.37, this dividend works out to approximately 1.32%, so look for shares of GRX.PRA to trade 1.32% lower ? all else being equal ? when GRX.PRA shares open for trading on 3/15/13. On an annualized basis, the current yield is approximately 5.27%, which compares to an average yield of 3.08% in the “ETFs & CEFs” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more
Source: FULL ARTICLE at Forbes Markets

Business, Finance, Occupation & Industry

Gabelli Equity Trust's Series H Cumulative Preferred Stock Goes Ex-Dividend Soon

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By DividendChannel.com

On 3/15/13, Gabelli Equity Trust Incorporated‘s 5.00% Series H Cumulative Preferred Stock (NYSE: GAB.PRH) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 3/26/13. As a percentage of GAB.PRH‘s recent share price of $26.08, this dividend works out to approximately 1.20%, so look for shares of GAB.PRH to trade 1.20% lower ? all else being equal ? when GAB.PRH shares open for trading on 3/15/13. On an annualized basis, the current yield is approximately 4.79%, which compares to an average yield of 3.08% in the “ETFs & CEFs” preferred stock category, according to Preferred Stock Channel.
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » …read more
Source: FULL ARTICLE at Forbes Markets