National General Holdings Corp 7.50% Non Cumulative Preferred Stock-Series A

By: ,

Date Issued 6/20/2014

Shares Issued  2,200,000  Overallotment Shares  330,000

S&P Rating   NR   Moodys Rating   NR    AM Best   bb (High Grade Junk Rating)

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Security Ticker Symbol   NGHCP   OTC Temp Ticker  NGHNP   

Market Traded ON   NASDAQ

Dividend Payment Paid on the 15th of January, April, July and October beginning on 10/15/2014

Quarterly Dividend   .469   Annual Dividend   1.875

Securities may be redeemed, at the issuers option, as early as 07/15/2019 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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Below you can find the offering Prospectus and Final Pricing Document

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Tim McPartland
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.
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