Preferred stock dividend reinstated 4/2020
Dividend suspended 3/2020 because of asset damage caused by Covid 19.
Coupon is fixed at 8.125% until 4/26/2027 at which point it floats at 3 month Libor plus a spread of 5.66%
Preferred stock dividend reinstated 4/2020
Dividend suspended 3/2020 because of asset damage caused by Covid 19.
Coupon is fixed at 7.625% until 7/27/2027 at which point it floats at 3 month Libor plus a spread of 5.352%
The company has re-opened this issue on 4/24/2019 and has sold 3.6 million incremental shares. As of 9/30/2020 there are 9.88 million shares outstanding of this issue.