Series B Preferred Stock

CORRECTING and REPLACING HSBC Finance Corporation Declares Dividend for Holders of Series B Preferred Stock

February 26th, 2009

First graph of release should read: HSBC Finance Corporation announced today that its board of directors declared the regular quarterly cash dividend on the company’s Series B preferred stock of $0.3975 per depositary share payable March 16, 2009, to shareholders of record on March 3, 2009 (sted… to shareholders of record on February 28, 2009).
The [...]

MetLife Announces First Quarter 2009 Preferred Stock Dividend Actions, Subject to Final Confirmation

February 19th, 2009

MetLife, Inc. announced today that it has declared first quarter 2009 dividends of $0.2500000 per share on the company’s floating rate non-cumulative preferred stock, Series A , and $0.4062500 per share on the company’s 6.50% non-cumulative preferred stock, Series B subject to the final confirmation that it has met the financial tests specified in the [...]

AIG, U.S. Department of Treasury Complete $40 Billion Preferred Stock Sale Under TARP

November 26th, 2008

American International Group, Inc. (AIG) said that the U.S. Department of the Treasury has purchased four million shares of AIG Series D Preferred Stock and a warrant to purchase a number of shares of common stock of AIG equal to 2 percent of the issued and outstanding shares of common stock of AIG on the [...]

MetLife Declares Fourth Quarter 2008 Preferred Stock Dividends

November 18th, 2008

MetLife, Inc. announced that it has declared fourth quarter 2008 dividends of $0.2527777 per share on the company’s floating rate non-cumulative preferred stock, Series A, and $0.4062500 per share on the company’s 6.50% non-cumulative preferred stock, Series B (NYSE: METPrB – News). Both dividends are payable December 15, 2008 to shareholders of record as [...]

Endurance’s Board of Directors Declares Quarterly Dividend of $0.25 Per Ordinary Share and $0.484375 Per Series A Preferred Share

February 27th, 2009

Endurance Specialty Holdings Ltd a Bermuda-based provider of property and casualty insurance and reinsurance, today announced that its Board of Directors declared a quarterly dividend of $0.25 per ordinary share and $0.484375 per share payable on its 7.75% Non-Cumulative Preferred Shares, Series A. The dividend on Endurance’s outstanding ordinary shares will be payable on March [...]

Endurance’s Board of Directors Declares Quarterly Dividend of $0.25 Per Ordinary Share and $0.484375 Per Series A Preferred Share

November 21st, 2008

Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based provider of property and casualty insurance and reinsurance, today announced that its Board of Directors declared a quarterly dividend of $0.25 per ordinary share and $0.484375 per share payable on its 7.75% Non-Cumulative Preferred Shares, Series A. The dividend on Endurance’s outstanding ordinary shares will be payable on [...]

Velocity Changes Its Name and Effects Reverse Stock Split

November 20th, 2008

On November 19, 2008, Velocity Portfolio Group, Inc.announced that on November 14, 2008, it filed an Amendment to Velocity’s Certificate of Incorporation changing its name from Velocity Asset Management, Inc. to Velocity Portfolio Group, Inc. In addition, the previously announced one-for-twenty (1 for 20) reverse stock split of Velocity’s common stock, which was approved by [...]

U.S. Bancorp Announces Quarterly Dividends

June 17th, 2009

The board of directors of U.S. Bancorp has declared a quarterly dividend of $0.05 per common share, payable July 15, 2009, to shareholders of record at the close of business on June 30, 2009. At this quarterly dividend rate, the annual dividend is equivalent to $0.20 per common share.
In other actions, the board of directors [...]

Syncora Holdings Ltd. Announces Third Quarter 2008 Results

November 18th, 2008

Syncora Holdings Ltd. (”Syncora” or the “Company”) announced results for the three- and nine-month periods ended September 30, 2008. The net loss available to common shareholders in the third quarter of 2008 was $1.339 billion, or $29.28 per common share, as compared to a net loss of $89.9 million, or $1.40 per common share, reported [...]

Industrial Alliance Preferred Share Issue

November 18th, 2008

Industrial Alliance Insurance and Financial Services Inc. (”Industrial Alliance” or the “Company”) has today entered into an agreement with a syndicate of underwriters led by Scotia Capital Inc. under which the underwriters have agreed to buy, on a bought deal basis, 4,000,000 Non-Cumulative 5-Year Rate Reset Class A Preferred Shares Series C (the “Series C [...]