National General Holdings 7.50% Non-Cumulative Preferred Stock- Series B
By: Tim McPartland,
Date Issued 3/24/2015
Shares Issued 6,000,000 Overallotment Shares 900,000
S&P Rating NR Moodys Rating NR Company AM Best Rating A-
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Security Ticker Symbol NGHCO OTC Temp Ticker NTGKP
Market Traded ON NASDAQ
Dividend Payment Paid on the 15th of January, April, July and October beginning on 7/15/2015
Quarterly Dividend .469 Annual Dividend 1.875
Securities may be redeemed, at the issuers option, as early as 04/15/2020 for a redemption price of $25/share plus accrued dividends
Dividend Payment Likely Will be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for National General Holdings Corp
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
