The shares, the first preferred stock issue by the largest corporate holder of Bitcoin, didn’t get as strong a reception as the company planned.
The company, the world’s largest corporate Bitcoin holder, issued the shares as part of a strategy to diversify its funding ...
MicroStrategy (MSTR), which recently changed its name to “Strategy,” has launched itsnew convertible preferred stock on the ...
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR).Strategy (MSTR) expects its convertible preferred ...
Cumulative preferreds offer a compelling solution for income-focused investors, especially in uncertain and challenging ...
In some cases, preferred shares are convertible, meaning they can be exchanged for a predetermined number of shares of common stock. This can allow investors to switch gears, so to speak ...
In trading on Friday, shares of Ready Capital Corp's 6.25% Series B Cumulative Convertible Preferred Stock (Symbol: RC.PRC) were yielding above the 9% mark based on its quarterly dividend ...
ensuring preferred shareholders are paid in full before any common stock dividends are distributed. Convertible preferred stocks can be exchanged for common shares at a predetermined rate ...
Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. A quarterly cash dividend of ...
PLBY Group, Inc., the owner of Playboy, announced the conversion of 25% of its Series B Convertible Preferred Stock into common stock as part of its efforts to streamline its balance sheet and ...
Matinas BioPharma Holdings, Inc. (NYSE American: MTNB) (the “Company”) today announced that the Company entered into a ...
Still, the nearly 9% yield is very high. It is significantly above many preferred equity ETFs that are closer to 6%.