New York Community Bancorp Inc. 6.375% Fixed-to-Floating Rate Series A Noncumulative Perpetual Preferred Stock
By: Tim McPartland,
Date Issued 3/10/2017
Shares Issued 20,000,000 Over Allotment 3,000,000
S&P Rating NR Moody Rating NR
Security Ticker Symbol NYCB OTC Grey Market NYCB-A
Market Traded ON NYSE
Dividend Payment Paid on the 17th of March, June, September and December beginning on 6/17/2017
Quarterly Dividend .398 Annual Dividend 1.594
Floating rate starting 3/18/2027 is 3 month Libor plus 3.821%
Securities may be redeemed, at the issuers option, as early as 6/17/2027 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 New York Community Bancorp
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