Rithm Capital Corp. redeems 32% of Series A shares, shortening duration & boosting yields. Click for our look at RITM and our strategy regarding its preferred A.

Bitcoin treasury company Strategy (MSTR) announced on Monday the issuance of shares of its 8.00% series A preferred stock ...

Before we get started, know that preferred stock as an asset class is somewhat complicated and covers a lot of ground, so we'll be hitting only some of its more salient characteristics here.

Furthermore, proportionate adjustments will be made to the conversion factor at which the Company’s convertible preferred stock may be converted into Class A Common Stock. The total number of ...

On 2/28/25, Wells Fargo & Co's 7.50% Non-Cumulative Perpetual Convertible Class A Preferred Stock, Series L (Symbol: WFC.PRL) will trade ex-dividend, for its quarterly dividend of $18.75 ...

A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is ...

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 ...