Below are some press releases from company’s that have preferred stock or baby bonds outstanding. RPT Realty Announces Fourth Quarter 2022 Earnings Release Date and Conference Call Information ARMOUR Residential REIT, Inc. Announces December 2022 Divid…
Last week was a relatively quiet week in markets–the S&P500 moved in a range of 3907 to 4208–closing at 3965 which is a modest loss of less than 1% from the previous Friday close. The 10 year treasury yield ended up at 3.82% on Friday which was l…
Investors don’t know whether to buy or sell today–maybe some of both as the S&P500 is flat as a pancake. I bought a nibble of the newer Lincoln National 9% preferred–more of a placeholder position — something to remind me to buy more if it passe…
This one was totally missed by me. If you Prefer noted last night. Insurer Lincoln National (LNC) has sold a new perpetual preferred with a sky high coupon of 9%. The issue is non-cumulative, but qualified for preferential dividend payments. The issue…
Below are press releases from company’s that have preferred stock or baby bonds outstanding. Newtek Business Services Corp. Declares a Fourth Quarter 2022 Distribution of $0.70 per Share Diana Shipping Inc. Reports Financial Results for the Third Quart…
This morning we had a number of economic releases–and once again they remain a mixed bag of good and bad. 1st time unemployment claims remain muted at 222,000 versus 226,000 (revised) last week. This number must INCREASE to have some certainly that we…
Below are press releases from company’s with preferred stock and baby bonds outstanding. Star Bulk Carriers Corp. Reports Net Profit of $109.7 Million for the Third Quarter of 2022 and Declares Quarterly Dividend of $1.20 Per Share Harbor Custom Develo…
Markets are very quiet – very quiet. Guess markets are looking for moving stimulus. 10 year treasury yield down 3 basis points with equity markets essentially flat. Yesterday consumer debt numbers were released and they are a bit scary. Consumer debt n…
Below are some press releases from company’s that have preferred stock and baby bonds outstanding. TEN Ltd. Announces the Delivery of a 2020 South Korean-Built VLCC Saratoga Investment Corp. Increases Quarterly Dividend by 26%, or $0.14, to $0.68 per S…
The S&P500 held up well by the market close today after falling to ‘flat’ midday. The 10 year treasury yield which fell to as low as 3.77% early today closed out at around 3.80%. I though we might see some give back, but the soft PPI hammered that…
As Gridbird mentioned in the comments I have published my 1st article on Seeking Alpha since 2019 and previous to that in 2016. The article is here. My intent on publishing there is to ‘represent’ a conservative viewpoint for preferred stocks and baby…