Below are press releases from companys with preferred stock and/or baby bonds outstanding.
Inventory falls to all-time low, while home prices continue to climb across New York
CareCloud Financial & Operational Update
Kearny Financial Corp. Announces Investment Securities Repositioning
Compass Diversified to Host Investor Day on January 17, 2024 in Newport Beach, California
XOMA Declares Quarterly Preferred Stock Dividends
Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend
AM Best Affirms Credit Ratings of Brighthouse Financial, Inc. and Its Subsidiaries
Terreno Realty Corporation Sells Property in West Caldwell, NJ for $17.8 Million
CTO Realty Growth Announces Sale of Single Tenant Office Property in Tampa, FL For $22.0 Million
Have a nice slug of CTO-A that I got avg cost 18.37 in the ‘doldrums’ the smaller REIT has a lot of levers to pull and has been selling non-core properties for slight gains or losses to reduce geographic spread and concentrate efforts. This completes their exit from Office which was a small part of the portfolio. The also manage and own a chunk of NNN reit PINE; the old amalgam of Consolidated -Tomoka which converted to REIT a few years ago. While the common div is even more well protected now as they ‘trade up’ and pay down debt, the pfd is that and more and I am ok there. A keeper for me.