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
Chimera Declares Fourth Quarter 2022 Common Stock Dividend
Headlines of Interest
So I completely missed it???
Lincoln Financial Group (Ticker LNC) sold $500 million of the 9% preferred—20 million shares priced at $25—that will be listed on the NYSE. It also issued $500 million of preferred with a 9.25% rate that was sold in the mainly institutional market at $1,000 a share.
There is something weird about this offering. There’s no way Lincoln would have to pay such a high rate to sell this issue.
I got an email summarizing the deal after the fact, so it is legit. And I can understand if it came thru and it wasn’t available to lowly peons. But still…..
LNCDV
Will check it out If you Prefer