Coupon is fixed at 8% until 10/15/2027 at which point it begins to float at 3 month Libor plus a spread of 5.695%
Type: Floating Rate
Invesco Mortgage Capital Inc. 7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock
Dividend suspended 3/2020 because of asset damage caused by Covid 19. On 5/12/2020 the company announced the reinstatement of the dividend to be paid in a combination of stock and cash
Shares carry a coupon of 7.50% until 9/27/2027 and then move to floating rate of a spread of 5.289% plus 3 month libor.
Two Harbors Investment 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
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%
Two Harbors Investment 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
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%
Ally Capital Trust I, 8.125% Fixed-to-Floating Rate Trust Preferred, Series 2
Issue was originally issued by GMAC to the U.S. Treasury as TARP shares.
Issue will begin to float on 2/15/2016 at a rate of 3 month libor plus a spread of 5.785%
We show no dividend in the grid below because the issue is now floating and one will have to go to the issuer website to get the latest data