Our site runs on donations to keep it running for free. Please consider donating if you enjoy your experience here!

Headlines of Interest

Below are press releases from companies that have preferred stocks and/or baby bonds outstanding–or just news of general interest.

View Press Release

Bridgewater Bancshares, Inc. Announces First Quarter 2024 Net Income of $7.8 Million, $0.24 Diluted Earnings Per Common Share

Stifel-Logo-200x75px for Globe.jpg

Stifel Reports First Quarter 2024 Results

Safe Bulkers, Inc.jpg

Safe Bulkers, Inc. Sets Date for the First Quarter 2024 Results, Conference Call, and Webcast


Capital Southwest Announces Fourth Quarter and Fiscal Year 2024 Earnings Release and Conference Call Schedule

01A LifeMD Teal Blue.png

LifeMD to Report First Quarter 2024 Financial Results on May 8


Navient posts first quarter 2024 financial results

View Press Release

Citigroup Announces C$56.782 Million Redemption of 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027

View Press Release

OFS Capital Corporation Announces Date for Its First Quarter 2024 Earnings Release and Conference Call

View Press Release

Golar LNG Partners LP Series A Preferred Cash Distribution

View Press Release
View Press Release

Sallie Mae Reports First-Quarter 2024 Financial Results

ARMOUR Residential REIT, Inc. logo

ARMOUR Residential REIT, Inc. Announces May 2024 Dividend Rate Per Common Share

ARMOUR Residential REIT, Inc. logo

ARMOUR Residential REIT, Inc. First Quarter 2024 Webcast Scheduled for April 26, 2024

Raymond James Financ

Raymond James Financial Reports Fiscal Second Quarter of 2024 Results

View Press Release

Ellington Financial Announces Release Date of First Quarter 2024 Earnings, Conference Call, and Investor Presentation

View Press Release

Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends

View Press Release

Global Partners LP to Host First-Quarter 2024 Financial Results Conference Call on May 8, 2024

View Press Release

PennyMac Mortgage Investment Trust Reports First Quarter 2024 Results

View Press Release

Annaly Capital Management, Inc. Reports 1st Quarter 2024 Results

7 thoughts on “Headlines of Interest”

  1. In other news RIIL did post their 10K which is good. The ensuing short squeeze is fun to watch.

    But fans of Level 3 assets will note that fully 83% of their $1.5B in financial assets are classified L3. In 2022 it was 58%.

    This saga might not be over…

  2. Another bank preferred I am holding for the income that I bought at the lows of last year BWBBP
    Margins have shrunk because they have to pay higher rates, loss provisions held steady. Profit per common share is up but less shares as they bought back some.
    Is the risk reward worth it for the return on a non cumulative stock compared to a baby bond? I guess it depends on the quantity of the issuer. Leave it up to the individual investor.

    1. Hi Charles–I sold all of mine some months ago–simply on a hunch commercial real estate might bite them in the rear–but thus far it has not come to pass. My sales were at 19.10 up to 19.65 so I made out well since my average buy price was 15.55. Now at 17.75 I am tempted to get back in, but still think we could see commercial real estate trouble–maybe not.

      1. Proof once again that you are a lot smarter than I am, Tim.
        I sold about 80% about when you sold.
        thanks for the heads up.
        I got my initial investment back – just playing on the gain now.
        Wish I had sold it all, but not the end of the world.
        I am still up over my initial cost, so I may just let it ride for a while.

        1. I kept 99 shares, sold 101 shares. Just a little under $40 unrealized loss, easily offset by divies, non cumulative, QDI never QDI in California since change in Fed tax law.

          I have kept CCNEP 199 shares plus probably 150 shares or so in iRA or other taxable accounts. WIth unrealized gain. Jaime Diamond (JPM) apparently has put money to support small banks (presumed logic: Uncle Ben era: all banks are leveraged in order to maximize gains). LOL. I agree with PRIVATE. Quantity is important.

            1. Gary,
              quality? nah.
              with the gubment backing all banks – except the ones they choose to let fail, its all about picking the ones that won’t be allowed to fail. Just need a Ouija board….

              Seriously, yes quality matters, but its hard to judge when you can’t tell which banks will be saved-no-matter-what and which will be allowed to fail. I don’t think BWBBP will be the latter, but who knows? Hence my remorse for not selling all my shares, but at least I got my initial capital off the table.

Leave a Reply

Your email address will not be published. Required fields are marked *