Sentences with phrase «dividend callable»

Bank of Montreal Covered Call Canadian High Dividend Callable Equity Income Principal At Risk Notes, Series 607 (CAD)(F - Class)

Not exact matches

They are issued at a par value of $ 25 per share, pay a fixed dividend quarterly or twice a year, and rarely have a fixed life span but are almost always callable at $ 25 after five years.

stocks that pay a fixed dividend; have dividend and asset preference over common stocks, but behind debt in the case of bankruptcy; generally does not come with voting rights; either perpetual (have no maturity) or maturities of 30 years or more; can be callable

One buying opportunity in preferreds that Cheng has taken advantage of is Brookfield Office Properties Inc. «s (series T) rate resets, which offer a current dividend yield of about 5.5 per cent and are callable in December 2018.

1) pays a fixed dividend rate of at least 6.5 %; 2) Become callable five years after IPO; 3) Pays dividends quarterly; 4) Be rated «investment grade» by Moody's Investors Service; 5) Be issued by a company that has a perfect track record of never having suspended the dividend payments on a preferred stock (and these are mostly decades old, multibillion dollar companies); 6) Have a «cumulative» dividend obligation; 7) Be issued by a U.S. company; 8) Not be convertible to common stock in the future; 9) Have easy (online) access to the prospectus at IPO; and 10) Have an initial share value (par) of $ 25.00.