TDS' 6.625% Series UU Preferred Trades 15.9% Below Par Despite Being Callable Since March 2026
TDS' 6.625% Series UU preferred (TDS'U) trades at $21.03, a 15.9% discount to its $25 par value, even though the security has been callable since…
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TDS' 6.625% Series UU preferred (TDS'U) trades at $21.03, a 15.9% discount to its $25 par value, even though the security has been callable since…
Synchrony Financial's SYF'A preferred trades at $18.38, a 26.5% discount to its $25 par value, despite being callable since November 2024. The gap highlights how non-cumulative preferreds can diverge from redemption value when issuers…
The New Zealand Dollar dropped over 1% against the US Dollar even after the RBNZ raised rates, a disconnect traders attribute to forward guidance…
Japan's Nikkei 225 dropped 2.85% in a single session, part of a broader bond-yield-driven selloff also weighing on AI and tech shares, even as some…
Palantir stock fell sharply even after securing the Army's TITAN production award and adding AIG's Peter Zaffino to its board, as investors booked…
Western Midstream Partners trades near a 52-week high with a 7.70% yield and a 122% payout ratio, a combination that raises questions about how the…
Universal Health Realty Income Trust raised its quarterly dividend to $0.75 even as its EPS-based payout ratio sits above 230%, underscoring how REIT…
Entergy New Orleans' payout ratio has surged past 64,000% of GAAP earnings, underscoring how thin the utility subsidiary's reported profits have become relative to its steady quarterly dividend, a divergence first flagged in…
Equinix trades near its 52-week high of $1,128.68, with its quarterly dividend rising to $5.16 per share. The REIT's structural payout obligation and…
Argan Inc. shares sit 49% below their 52-week high of $805.75 even as the power-plant construction firm has lifted its quarterly dividend each of the…
TLT trades near its 52-week low of $81.17 as long-end Treasury yields rise, cutting into the ETF's price even as its monthly distribution has grown…
ZIONP, a Zions Bancorporation preferred stock callable since 2011, continues trading near $17.70, about 29% below its $25 par value, with a…
Oxford Lane Capital's 8.25% OXLCM preferred traded near par on the day the BDC announced a partial redemption of its 5.00% notes due 2027…
Arbor Realty Trust's Series D/E/F preferred stock trades roughly 38% below liquidation value with yields above 10%, a steeper discount than peer REIT…
Industrial Logistics Properties Trust's enterprise value of $4.56B far exceeds its $551M market cap, with debt at 90% of book capital and net debt…