Understanding Pull to Par: Bond Price Movements Explained

Explore how bond prices move towards their par value as they mature, affecting both premium and discount bonds. Learn why ...
CoinDesk

Strategy raises STRC dividend as the preferred stock's price drifts below par

Michael Saylor, executive chairman of Strategy (MSTR), said the largest public traded holder of bitcoin BTC $77,915.49 increased the dividend rate on its preferred stock, Stretch (STRC), by 25 basis ...
Seeking Alpha

Howmet Aerospace Preferred Stock: Investment Opportunity To Capitalize On Lower Interest Rates

When Howmet Aerospace was spun-off from Arconic, Howmet Aerospace assumed the Arconic Preferred 3.75% Preferred Stock Series A. The stock (HWM.PR) has a par value of $100 million, which coincides with ...
Nasdaq

JMP Securities Reiterates Cloudflare, Inc. , par value $0.001 per share (NET) Market Outperform Recommendation

Fintel reports that on May 9, 2023, JMP Securities reiterated coverage of Cloudflare, Inc. , par value $0.001 per share (NYSE:NET) with a Market Outperform recommendation. As of April 24, 2023, the ...
CoinDesk

Strategy Battles for Par on STRC, Lifting Dividend to 10.75%

Strategy (MSTR) on Monday announced a further 25 basis point increase in the dividend rate of its STRC preferred series to 10.75%. This is the fourth increase since the IPO launch at the end of July.
Nasdaq

Vanguard Group Increases Position in Cloudflare, Inc. , par value $0.001 per share (NET)

Fintel reports that Vanguard Group has filed a 13G/A form with the SEC disclosing ownership of 25.88MM shares of Cloudflare, Inc. Class A common stock, par value $0.001 per share (NET). This ...