Redeemable only on a dividend payment date
The coupon is fixed at 6.25% until 1/30/2027 at which time the rate is reset at the 5 year treasury plus a spread of 4.99% afterwhich the rate resets every 5 years.
Brought to Market at $21/share
Dividend suspended 5/25/2022
Shares of the Parent are NOT publicly traded–the parent ticker shown is for sorting purposes only.
Most dividends are non qualified with some level of ‘return of capital’
Dividends Paid by Closed End Fund Preferreds may be qualified or may not be qualified distributions. Investors should check the issuer info closely to see what the current dividend status is at the time of investment
Company is a non traded REIT–the ‘parent’ ticker used is for sorting purpoes only