Preferred stock is often described as a stock that acts like a bond. Investors value them for their steady income, not the potential market price increases.
MicroStrategy Inc. unveiled its latest capital raise late Friday with news of plans to issue $2 billion in preferred stock to raise the funds needed to buy more bitcoin. The business-software company ...
This means that the fund is well-positioned to generate more cash available for distributions as we experience more interest rate cuts. As the name suggests, Virtus InfraCap U.S. Preferred Stock ...
The report comes two days after the Federal Reserve moved up its 2025 inflation projection and moved down its 2025 rate cut ...
Preferred securities have shown strong performance in 2024. Check out Flaherty & Crumrine's CEFs, particularly DFP and FLC, ...
The BEA's headline PCE inflation index quickened to an annual rate of 2.4%, topping Wall Street's estimated 2.5% and the 2.3% ...
Each depositary share represents a 1/1,000th interest in a share of preferred stock. 2. The Series C Depositary Shares accrue dividends at a floating rate equal to Three-Month CME Term SOFR plus 0 ...
Gold prices are broadly stable as a softer-than-expected U.S. inflation reading rekindled hopes of interest-rate cuts next year. The personal consumption expenditures price index--the Federal ...