Due to health issues, this site is no longer maintained and will be shut down shortly.

FBIOP Fortress Biotech Inc. 9.375% Series A Cumulative Preferred

Dividends on our Series A Preferred Stock accrue daily and will be cumulative from, and including, the date of original issue and shall be payable quarterly every March 31, June 30, September 30, and December 31, at the rate of 9.375% per annum of its liquidation preference, which is equivalent to $2.34375 per annum per share. On and after December 15, 2022, we may, at our option, redeem the Series A Preferred Stock, in whole, at any time, or in part, from time to time, for cash at a redemption price of? $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption.  This security was issued by Fortress Biotech Inc, whose common stock symbol is FBIO.

$19.05  -0.17 (-0.88%)
As of 03/27/2023 10:27:05 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Health Care
Industry:  Biotechnology
Index country:  USA
Country of incorporation:  USA
IPO date:  11/13/2017
Outstanding shares:  1,000,000
Average volume:  3,812
Market cap:   $19,000,000
Current dividend yield:  12.34%    calculation
Coupon rate:    9.375%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   12/15/2022
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy