Below are some headlines from company’s which have preferred stock or baby bonds outstanding. Priority Income Fund Announces 10.6% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bon…
So on Friday we have the ‘official’ (from the government) jobs numbers coming in at 7:30 am (central) and the current estimate is for the creation of 318,000 new jobs. Last month showed a blowout number of 528,000 new jobs. We know from the job opening…
Below are some press releases from company’s that have preferred stock or baby bonds outstanding. Athene Holding Ltd. Declares Third Quarter 2022 Preferred Stock Dividends Global Ship Lease Announces Forward Charter Agreements Newtek Business Services…
Below are some press releases from company’s that have preferred stock or baby bonds outstanding. Prospect Capital Announces June 2022 Results: $0.21 per Common Share Basic Net Investment Income and Stable Monthly $0.06 per Common Share Distributions S…
Well there has been chatter in the comments today and through the power of the group I think we have figured it all out. As most of you know Libor (London Interbank Offered Rate) will go away on 6/30/2023. This brings the question of ‘what happens to t…
The S&P500 was hammered hard last week as Fed Chair Powell rained on the parade with his short, but hawkish speech, from Wyoming last Friday. The index fell 3.4% on Friday which brought the index loss to 4% on the week. The 10 year treasury yield w…
Large business development company (BDC) Prospect Capital (PSEC) is on deck to announce earnings for the quarter ending 6/30/2022 on Monday. PSEC is an unloved BDC, but is large, with $7.5 billion in assets and had rescheduled their report release from…
Below are some press releases from company’s with preferred stock and baby bonds outstanding. Great Ajax Corp. Closes Offering of $110,000,000 of Senior Unsecured Notes AM Best Revises Outlooks to Positive for Assurant, Inc. and Its Property/Casualty S…
Fed Chair Powell set a hawkish tone in his Jackson Hole presentation which started 4 minutes ago. Of course equity markets had set themselves up for disappointment by thinking the Fed would ‘pause’ or slow down rate hikes based on a month or two of jus…
Below are some headlines from company’s that have preferred stock or baby bonds outstanding. Raymond James Financial Declares Quarterly Dividends on Common and Preferred Stock National Storage Affiliates Trust Announces Quarterly Dividends Edison Inter…
For those with a bit more tolerance for risk here is where you look for current yields of preferred stocks in the 7-10% range. Preferred stocks of mortgage REITs. This listing is under the “Preferreds” heading above. mREITS are probably not for everyon…
Below are press releases from company’s with baby bonds or preferred stock outstanding–slow news day today. Raymond James Financial Reports July 2022 Operating Data PDS Biotech Completes $35 Million Financing Agreement Led By Horizon Technology Financ…