Citigroup Inc. (NYSE:C), a financial giant with a market capitalization of $152 billion, has announced the creation of a new ...
Preferred stock issuances by Delaware corporations are often effected through a board’s “blank check” power contained in a company’s certificate of incorporation and permitted by Section ...
Preferred stock is frequently misunderstood and overlooked. As the name suggests, preferreds are equities, but they also have characteristics of bonds. Currently, they offer higher yields than ...
State Street Corporation (NYSE: STT) announced the issuance and sale of 750,000 depositary shares, each representing a 1/100th ownership interest in a share of State Street’s Fixed Rate Reset ...
MicroStrategy estimates that the net proceeds to it from the offering will be approximately $563.4 million, after deducting the underwriting discounts and commissions and MicroStrategy's estimated ...
Regional Health Properties (RHE) announced that its board of directors declared a dividend to the holders of its 12.5% Series B Cumulative ...
In addition, the Board has elected not to declare a monthly cash dividend on the Series E Preferred Stock for the month ending January 31, 2025. The certificate of designations for the Series E ...